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aveo Exit Submit The following calendar year-end Information is taken from the December 31, 2017, adjusted trial balance and other records of Leone Company Advertising expense Depreciation expense-Office equipment Depreciation expense-Selling equipment Depreciation expense-Factory equipment Factory supervision Factory supplies used Factory utilities Direct labor Indirect labor Miscellaneous production costs Office salaries expense Raw materials purchases Rent expense-Office space Rent expense-Selling space Rent expense-Factory building Maintenance expense-Factory equipment Sales Sales salaries expense $ 28,750 7,250 8,600 33,550 102,600 7,350 33, eee 675,482 56,875 8,425 63,888 925,000 22,000 26,100 76,880 35,400 4,462,500 392,560 Assume that the raw materials inventory account is used only for direct materials. Indirect materials are recorded in a factory supplies account Required: 60 HIP JAVU & ERE Subm Required: Classify each of the costs as either a product or period cost. Then, classify each of the product costs as either direct materiais, direct Jabor, or factory overhead and each of the period costs as either selling or general and administrative expenses. (Leave no cell 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 5. Factory supervision 6. Factory supplies used 7. Factory utilities 8. Direct labor 9. Indirect labor 10. Miscellaneous production costs 11 Office salaries expense 12 Raw materials purchases 13 Rant expense-Office space 14 Rent expense Selling space 15. Rent expense Factory building 16. Maintenance expense Factory equipment Di 621 4. Depreciation expense--Factory equipment 5. Factory supervision 6. Factory supplies used 7. Factory utilities 8. Direct labor 9. Indirect labor 10. Miscellaneous production costs 11. Office salaries expense 12 Raw materials purchases 13. Rent expense Office space 14. Rent expense-Selling space 15. Rent expense-Factory building 16. Maintenance expense_Factory equipment 17. Salos 18. Sales salaries expense e to