Exercise 14-2 (Algo) Classifying direct and indirect costs LO C2 Listed here are product costs for production of soccer balls. Classify each cost as either direct or indirect Direct or Indirect Product Cost 1. Leather covers for soccer balls 2. Coolants for machinery 3. Annual flat fee paid for factory security 4. Machinery depreciation (straight-line) 5. Factory building rent 6. Factory insurance used up 7. Annual flat fee paid for factory cleaning 8. Factory utilities 9. Taxes on factory 10. Wages of factory machine operators 13