non scholae sed vitae discimus Q4.For each of the following, indicate whether the cost would typically be considered product cost or period cost (20 pts.) Product Cost Period Cost 1. The cost of the memory chips used in a radar set..... 2. Factory heating costs..... 3. Factory equipment maintenance costs 4. Training costs for new administrative employees ...... 5. The cost of the solder that is used in assembling the radar sets ..... 6. The travel costs of the company's salespersons. 7. Wages and salaries of factory security personnel 8. The cost of air-conditioning executive offices... 9. Wages and salaries in the department that handles billing customers 10. Depreciation on the equipment in the fitness room used by factory workers.. 11. Telephone expenses incurred by factory management 12. The costs of shipping completed radar sets to customers...... 13. The wages of the workers who assemble the radar sets... 14. The president's salary 15. Health insurance premiums for factory personnel