Inections Loring Company incurred the following costs Last year Costs Amounts Direct materials $212.000 Factory rent 22.000 Direct Labor 122.000 8.900 Factory sites Supervision in the factory Indirect labor in the factory Depreciation on factory equipment Sales commissions Sales salaries 55,000 28,000 6,000 20,000 85,000 34.000 10.800 25.000 168.000 27.000 Advertising Depreciation on the headquarters building Salary of the corporate receptionist Other administrative costs Salary of the factory receptionist Required 1. Classify each of the costs using the table provided Be sure to total the amounts in each column 2. What was the total product cost for last year? 3. What was the total period cost for last year? 4. 30.000 units were produced last year what was the unit product cost