Exercise 10-2 Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory. Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (c) manufacturing overhead. Item Category 1. Salaries for assembly line inspectors. 2. Insurance on factory machines. 3. Property taxes on the factory building. Period Costs 4. Factory repairs. Direct Materials 5. Upholstery used in manufacturing furniture, Direct Labor or Manufacturing Overhead 6. Wages paid to assembly line workers. Direct Materials and Manufacturing Overhead 7. Factory machinery depreciation. 8. Glue, nails, paint, and other small parts used in production. 9. Factory supervisors' salaries. 10. Wood used in manufacturing furniture, Click if you would like to Show Work for this question: Open Show Work