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 $ 31,750 9, 250 11,800 35,950 104,460 7,350 34,500 744,000 56,800 11,350 65, 750 942,500 29,800 29, 100 79,600 44,400 4,712,500 406, 160 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.) Costs Type of Period Cost Product Cost or Period Cost Neither Neither Neither 1. Advertising expense 2. Depreciation expense-Office equipment 3. Depreciation expense-Selling equipment Depreciation expense-Factory equipment 5. Factory supervision 6. Factory supplies used indirect materials) Type of Product Cost Direct Labor Direct Labor Direct Labor Direct Labor Direct Labor Direct Labor 4 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.) Costs Type of Product Cost Type of Period Cost Product Cost or Period Cost Neither Neither Neither 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 Direct Labor Direct Labor Direct Labor Direct Labor Direct Labor 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-Selling space 15. Rent expense-Factory building 16. Maintenance expense-Factory equipment 17 Sales 18. Sales salaries expense