Trak Corporation, which manufactures bicycles, incurred the following costs. Bicycle components Depreciation on factory Property taxes on retail store Labor costs of assembly-line workers Factory supplies used (a) $100,000 Bicycle components 60,000 7,500 110,000 Advertising expense Property taxes on factory Customer delivery expense Sales commissions 13,000 Salaries paid to sales clerks $45,000 14,000 21,000 35,000 50,000 Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs. t

Trak Corporation, which manufactures bicycles, incurred the following costs. (a) Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs. Identify each of the above costs as direct materials, direct labor, manufacturing overhead, or period costs. Factory supplies used Advertising expense Property taxes on factory Customer delivery expense Sales commissions Salaries paid to sales clerks