Loring Company incurred the following costs last year: Costs Amounts Direct materials $215,000 Factory rent 21,000 Direct labor 120,000 Factory utilities 6.600 Supervision in the factory 48,000 Indirect labor in the factory 27,000 Depreciation on factory equipment 6.000 Sales commissions 32.000 Sales salaries 70.000 Advertising 35,000 Depreciation on the headquarters building 10.200 Salary of the corporate receptionist 28.000 Other administrative costs 165.000 Salary of the factory receptionist 26.000 Required: 1. Classify each of the costs using the table provided Be sure to total the amounts in each column 2. What was the total product cost for last year? 3. What was the total period cost for last year? 4. If 30.000 units were produced last year what was the unit product cost