INTRODUCTION TO MANAGERIAL ACCOUNTING Everything Umbrella Inc. is considering producing a new type of umbrella. This new pocketsized umbrella would t into a coat pocket or puree. Prepare a table with three columns to include the following information: - Classify the costs of this new product as direct materials. direct labor1 manufacturing overhead. selling. or administrative. - Classify the costs listed as either product costs or period costs. List of expenses incurred by Everything Umbrella Inc. 1. Cost of advertising the product. 2. Fabric used to make the umbrellas. 3. Maintenance of cutting machines used to cut the umbrella fabric so it will fit the umbrella frame. . Wages of workers who assemble the product. President's salary. . The salary of the supervisor of the people who assemble the product. . Wages of the product tester who stands in a shower to make sure the umbrellas do not leak. 8. Cost of market research survey. 9. Salary of the company's sales managers. 1D.Depreciation of administrative office building. SLF Assignment Expectations almu'I-lh- The table should be easy to read and nicely formatted with adequate explanations. The use of Excel is required. Both content and presentation will be evaluated