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please help The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company Advertising expense
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The following calendar year-end information is taken from the December 31, 2019, 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 (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 5 34.750 9,250 10,500 39,750 105,660 10,850 36,300 738,000 71,800 9,775 69,600 947,500 27,860 30,600 77,200 44,400 4,662,500 464,560 Required: Classify each of the costs as either a product or period cost. Then, 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 (Leave no cell blank.) 76F $ $ 19 N search (hp) Check Product Cost of Period Cost Type of Product Cost Type of Period Cost Costs 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-Seling space 15. Rent expense --Factory building 16. Maintenance expense-Factory equipment 17. Sales 18. Sales salaries expense Peer 11 of 18 !!! Next > 76F g ch o hp Step by Step Solution
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