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the following calender year- end information is taken from december 31,2019. adjusted trial balance and other record of leone company The following calendar year-end information

the following calender year- end information is taken from december 31,2019. adjusted trial balance and other record of leone company image text in transcribed
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The following calendar year-end information is taken from the December 31, 2019, adjusted trial bal 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-0ffice space Rent expense-Selling space Rent expense-Factory building Maintenance expense-Factory equipment Sales Sales salaries expense 30,250 9,250 10,s00 35,550 103,860 11,350 37,200 723,000 60,800 11,575 67,950 940,000 23,000 30,600 , 42,300 4,462,500 402,160 Required: Classify each of the costs as either e product or period cost Then, classify each of the product cos labor, or factory overhead and each of the period costs as either selling or general and administrati Product Cost or Period Cost Type of Product Cost Costs Advertising expense 2 Depreciation expense-Office equipment 1 Nex

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