PLEASE HELP ASAP

Lynn was reviewing the operating performance of Novak Co., a shoe manufacturer. She marveled at the numbers when she determined the company generated positive operating income of $255,900 last year, even after recognizing so many costs! In reviewing the many cost transactions, here is what she found: Total purchases of materials (leather, rubber, and other supplies) Marketing and advertising cost Salaries and wages for sales, office staff, and executives Utility costs for the factory Commissions to the salespeople Depreciation of factory and equipment RM Inventory WIP Inventory FG Inventory Beginning $39,800 $21,400 27,300 22,800 Factory supervisor salaries Wages for factory workers Insurance on the factory 15,500 Research and development 24,000 In addition, there were inventories on the balance sheet at the beginning and end of the year, both of which factored into the overall cost analysis, as follows. Marketing and advertising cost Total purchases of materials (leather, rubber, and other supplies) Utility costs for the factory Commissions to the salespeople End Salaries and wages for sales, office staff, and executives Factory supervisor salaries 17,700 Wages for factory workers 8,700 Place an "X" in the appropriate column above to classify each of the costs as a period cost or product cost. Depreciation of factory and equipment Insurance on the factory Research and development Amount $211,600 33,400 145,000 9,600 12,200 27,100 66,500 224,700 Amount $211,600 33,400 145,000 9,600 12,200 27,100 66,500 224,700 15,500 24,000 Product cost X v X V X XV Period co X X XY

revereing the many cont trantactient bere b what ahe lound. In add tion there were inventones on the balance sheer at the begining and end of Be year, both of which factored into the overal ceat analyit, am folsers. (a) Hice an "x" is the aporopriate column above to classty each of the costs as a peripd cost or product cost