The following calendar year-end information is taken from the December 31, 2017, 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 Factory utilities Direct labor Indirect labor Miscellaneous production costs Office salaries expense Raw materials purchases* Rent expense-Office space Rent expense-Selling space Rent expense-Factory building Maintenance expense-Factory equipment Sales Sales salaries expense $ 31,750 9,750 11,800 39,150 109,560 9, 100 33,900 738,000 72,000 9,100 68,500 975,000 23,400 30, 300 84,000 42,000 4,812,500 402,160 *Assume that the raw materials inventory account is used only for direct materials. Indirect materials are recorded in a factory supplies account. 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.) 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 Product Cost or Period Cost Period cost Period cost Period cost Type of Product Cost NA - Not a product cost NA - Not a product cost NA - Not a product cost Type of Period Cost Selling expenses General and Administrative expenses Selling expenses 1. Advertising expense 2. Depreciation expense-Office equipment 3. Depreciation expense-Selling equipment 4. Depreciation expenseFactory equipment 5. Factory supervision 6. Factory supplies used 7. Factory utilities 8. Direct labor 9. Indirect labor 10. Miscellaneous production costs 11. Office salaries expense 12 Raw materials purchases 13. Rent expense-Office space 14. Rent expenseSelling space 15. Rent expenseFactory building 16. Maintenance expense-Factory equipment 17. Sales 18. Sales salaries expense