In order to correctly track costs and price products, companies need to classify their costs. The table below shows a list of expenses involved in the production of custom skateboards. For each item listed, determine if the cost is manufacturing (product cost) or sales and administration (period cost). If the cost is a product cost, state if it is direct material, direct labor, or manufacturing overhead. If the cost is manufacturing overhead, state if it is indirect materials, indirect labor, or another types of manufacturing overhead.

If Product Cost: Direct If Overhead: Indirect Skateboard Production Costs Product Cost or Period Cost Materials, Direct Labor, or Materials, Indirect Labor, or Overhead? Other? Wood Factory Building Rent Wheels Accountant Salary Depreciation on Factory Building Bearings Advertising Factory Supervisor's Salary Paint