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Tesla, a vehicle manufacturer, ncurs the folowing costs. Classify each cost as either a product or a period cost. If a product cost identify it

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Tesla, a vehicle manufacturer, ncurs the folowing costs. Classify each cost as either a product or a period cost. If a product cost identify it as direct materials, direct labor, or factory overhead, and then as a prime and/or conversion cost. (2) Classify each product cost as either a direct cost or an indirect cost using the product as the cost object. (Leave no cell blank If there is no effect select "NA - Not a product cost") Period or Product Prime or Conversion Director indet Cost by Traceability 1. Rent on factory building 2. Steering wheels used in care 3. Factory electricity 4. Amortization of patents on factory machine 5. Office supplies used 6. Insurance on factory building Period Product Period Period Product Period Diret material Direct labor or Factory Overhead NNA.Not a productos Direct material NA.Not a productos INA- Not a product cost Overhead NA-Not a product cost ered indirect NA No a product.com Indirect indirect

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