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The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. Required: Classify each of

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The following calendar year-end information is taken from the December 31, 2019, adjusted trial balance and other records of Leone Company. 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.) 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 abor, or factory overhead and each of the period costs as either selling or general and administrative expenses. (Leave no cell blank.)

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