Question 3 Below is a list of costs and expenses usually incurred by Lorendo Furniture Manufacturing. You are required to classify the items as either Product or Perlod Cost. a) Production line workers wages b) Depreciation of the machine c) Salaries to the general workers d) Wood used to manufacture the furniture e) Repairs and maintenance of the factory 1) Electricity expenses of the factory 9) Glue, nails, paint and other small parts used in production h) Woods and steel used to produce the furniture 1) Insurance on factory machines Advertising expenses of the furniture