Question #1: 25 Points The Fiberglass Boat Company reported the following costs and expenses in May 2021: Factory utilities $ 12,865 Depreciation on factory 102,520 Direct labor $209,860 Sales staff salaries equipment 6,110 Property taxes on factory Depreciation on delivery trucks 1,855 building 4,800 Indirect factory labor 34,925 Repairs to office equipment 235 Indirect materials 37,570 Factory repairs 11,225 Direct materials used 213,955 Advertising 12,600 Factory manager's salary 54,000 Office supplies used 2.663 Instructions 1. Set up and complete a schedule as shown in the example below, listing each item above, including its dollar amount, under the proper classification heading. 2. Total each classification to show the total of all costs and expenses under each one. Cost and Expense Description Product Cost Period Cost Factory Utilities Manufacturing Overhead $12,865