MIENVIUDVI DISURU Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used indirect materials) Factory utilities Direct labor Indirect labor Miscellaneous production costs Office salaries expense Raw materials purchases (direct) Rent expense-Office space Rent expense-Selling space Rent expense-Factory building Maintenance expense-Factory equipment Sales Sales salaries expense $ 32,500 7,250 11,400 36,550 102,660 11,600 35,700 744,000 59,000 9,100 71,800 995,000 26,400 30,000 78,400 36,300 4,612,500 405, 360 Required: Classify each cost incurred below by Bison Co as either a product cost or a period cost. Additionally, classify each of the product costs as either direct materials, direct labor , or factory overhead and each of the period costs as either selling or general and administrative expenses. (Note: No cell should be left blank.) Costs Product Cost or Period Cost Type of Product Cost Type of Period Cost 1. Advertising expense 2 Depreciation expense-Office equipment 3. Depreciation expense-Selling equipment 4. Depreciation expense-Factory equipment Costs Product Cost or Period Cast Type of Product Cost Type of Period Cost 1. Advertising expense 2 Depreciation expense-Office equipment 3. Depreciation expense-Selling equipment 4. Depreciation expense-Factory equipment 5. Factory supervision 6. Factory supplies used (indirect materials) 7. Factory utilities 8. Direct labor 9. Indirect labor 10. Miscellaneous production costs 11. Office salaries expense 12. Raw materials purchases (direct) 13. Rent expense-Office space 14. Rent expense-Selling space 15. Rent expense-Factory building 16 Maintenance expense-Factory equipment 17. Sales 18. Sales salaries expense |