II. Classify the following as product cost or period cost by putting a check mark on the appropriate column. If the item is not appropriate to be product or period costs, write N/A t both columns. Product/Service Costs Period Costs 1. Depreciation of plant and machineries. 2. Depreciation of service vehicle used by sales managers. 3. Depreciation of office machineries and equipment. 4. Paper and toner used for the office copier machine. 5. Bond paper used by a legal office 6. Paper and plastic bags used by supermarkets. 7. Bonuses paid to factory workers for an efficient performance. 8. Transportation costs of goods delivered to customers. 9. Cost of medical supplies for the emergency ward of a hospital. 10. Cost of continuing professional development like seminars of a regular faculty member of a higher educational institution. 11. Transportation expenses of a production manager in attending skills training workshop. 12. Costs of goods served to a valued client of a company. 13. Gas and oil consumed by plant machineries. 14. Cost of newspaper for the announcement of new office location. 15. Salaries, compensations and other benefits paid to the Human Resource manager.