Wheels, Inc, manufactures wheels for bicycles, tricycles, and scooters. For each cost given below, determine the cost is a product cost or a period cost. If the cost ue is a product cost, further determine if the cost is direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and then determine if the product cast is a prime cost, conversion cost, or both If the cost is a period cost, further determine if the cost is a selling expense of administrative expense (Admin) Costa) answered as a guide (If an answer does not apply, leave the box blank) Be 52 ba G In Product DL DM MOH Product Period Prime Conversion Selling Admin. 8 R b. Cost Metal used forms Sales salaries Rent on factory Wages of assembly workers C. d. Below are data for two companies (Click the icon to view the data) Data table Read the requirements Company A Company 5 10.800 5 16 200 Requirement 1. Define the three hits types service, merchandising, and manufacturing Business Type Definition Service Merchandising Manufacturing Beginning balances Merchandise ventory Finished Goods Inventory Ending balances Merchandise Inventory Finished Goods Inventory Net Purchases Cost of Goods Manufactured 14300 110 157000 214500 Print Done