Which of the following is NOT a period cost? Multiple Choice 0 Cost of a seminar concerning tax law updates that was attended by the company's controller. 0 Insurance on a company showroom where customers can view new products. 0 Depreciation of factory maintenance equipment. 0 Salary of a clerk who handles customer billing. Bressette Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit Cost per Period $6.20 $ 3.70 $1.25 $10,000 $1.50 $0.50 $ 5,000 For financial reporting purposes, the total amount of product costs incurred to make 5,000 units is closest to: Multiple Choice 1 0 $70,750 0 $10,000 0 $65,750 0 $55,750