Exercise: Identify each item as Product Cost (PC) or Period Cost (PEC), if it is Product Cost, identify if it is Direct Material (DM), Direct Labor (DL) and Indirect Costs (IC). Also indicate if it is a Variable Cost (VC) or Fixed Cost (FC). a. Glue used in a furniture manufacturer b. Monthly store rent c. Salesperson Supervisor Salary d. Sewing machine operators' wages in a restaurant tablecloth manufacturer E. Plastic in a kitchen container manufacturer F. Store building depreciation G. Plant depreciation.