Instructions: There are a total of five brief exercise, you only need to complete four. If you answer all five, I will take your highest four exercises you have completed; each question is worth 10 points Brief Exercise 1: Determine whether each of the following costs should be classified as direct materials (DM), direct labor (DL), or manufacturing overhead (MO) Depreciation on factory equipment . Table legs used in manufacturing tables Wages paid to assembly line workers c. d. Factory rent Brief Exercise 2: Indicate whether each of the following costs of a pencil manufacturer would be classified as direct materials (DM), direct labor (DL), or manufacturing overhead (MO) Depreciation of pencil painting machinery . Lead inserted into pencils Factory utilities c. d. Wages of assembly line worker Salary of supervisor e. f. Factory machinery maintenance Wood g. Eraser compound h. Brief Exercise 3: Identify whether each of the following is classified as a product cost or a period cost 1. Direct labor 2. Direct materials 3. Factory utilities 4. Repairs to office equipment 5. Property taxes on factory building 6. Sales salaries