Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.) The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company, Advertising expense $ 39,000 Depreciation expense-office equipment 18,000 Depreciation expense-Selling equipment 19,000 Depreciation expense-Factory equipment 61,000 Raw materiale purchases (all direct materials) 710,000 Maintenance expense-Factory equipment 39,300 Factory utilities 35,200 Direct labor 444,000 Indirect labor 67,000 ottice salaries expense 40,000 Rent expense-office space 24,000 Rent expense-selling space 58,000 Rent expenne-Factory building 139,000 Sales salaries expense 334,000 Problem 14-2A (Algo) Classifying costs LO C2 Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense (Leave no cell blank. Enter "NA- Not a product cost" or "NA - Not a period cost" for expenses that are not product cost or period cost.) Required information Required: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense. (Leave no cell blank. Enter "NA- Not a product cost" or "NA - Not a period cost" for expenses that are not product cost or 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. Raw materials purchases (all direct materials) 6. Maintenance expense Factory equipment 7. Factory utilities 8. Direct labor 9. Indirect labor 10. Office salaries expense 11. Rent expense-Office space 12. Rent expense-Selling space 13. Rent expense Factory building 14. Sales salaries expense