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i need help with this question Langlcy. Ino, is the manufacturer of lawn care equipment. The company incurs the following costs whila manufocturing odgors: (1)

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Langlcy. Ino, is the manufacturer of lawn care equipment. The company incurs the following costs whila manufocturing odgors: (1) (Click the icon to view the costs.) Requirement 1. Describe the difference betwoen period cotis and product costs. 2. Classify Langiey's costs as period costs or product costs. If the costs are product costs, further chassify them an direct materials, direct labor, or mamulacturing overhead. More info On the income statement, subtracied to deterrine ope - Hardile and shaft of edgor - Molor of odger Requirement 2, Classity L: - Faclory labor for workners astembling edgers - Lubricant usod on beurings in the edger (not traced to the product) - Giua to hold the housing logether - Plant janitorial wages - Depreciation on factory equipment - Rent on plant - Sales commissions - Administrativo salaries - Plant utilitios - Shipping costs to delivar finished odgors 10 customers Langley, Inc. is the manufacturer of lawn care oquipment. The company incurs the folowing costs while mantacturing edgors: [1) (Cick the icon to view the costs) Requirement 1. Describe the difference between poriod costs and product costs. 2. Classify Langley/s costs as period costs or product costs. If the costs are product costs, futher classify them as direct materiats, diroct thbor, or manutaduring overhead. On the income statemont, to dotermine gross profit. The are then subtracted to determine operating income. Requirement 2. Classity Lawor's costs as period costs or product costs. If the costs are product coests, further classity as dired miturials, dirpet labor, or manulacturing overhead. Langlcy. Ino, is the manufacturer of lawn care equipment. The company incurs the following costs whila manufocturing odgors: (1) (Click the icon to view the costs.) Requirement 1. Describe the difference betwoen period cotis and product costs. 2. Classify Langiey's costs as period costs or product costs. If the costs are product costs, further chassify them an direct materials, direct labor, or mamulacturing overhead. More info On the income statement, subtracied to deterrine ope - Hardile and shaft of edgor - Molor of odger Requirement 2, Classity L: - Faclory labor for workners astembling edgers - Lubricant usod on beurings in the edger (not traced to the product) - Giua to hold the housing logether - Plant janitorial wages - Depreciation on factory equipment - Rent on plant - Sales commissions - Administrativo salaries - Plant utilitios - Shipping costs to delivar finished odgors 10 customers Langley, Inc. is the manufacturer of lawn care oquipment. The company incurs the folowing costs while mantacturing edgors: [1) (Cick the icon to view the costs) Requirement 1. Describe the difference between poriod costs and product costs. 2. Classify Langley/s costs as period costs or product costs. If the costs are product costs, futher classify them as direct materiats, diroct thbor, or manutaduring overhead. On the income statemont, to dotermine gross profit. The are then subtracted to determine operating income. Requirement 2. Classity Lawor's costs as period costs or product costs. If the costs are product coests, further classity as dired miturials, dirpet labor, or manulacturing overhead

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