=+Classify each cost as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative expense. Use the following tabular head¬

ings for your answer, placing an “X” in the appropriate column.

Product Costs Period Costs Direct Direct Factory Materials Labor Overhead Selling Administrative Cost_Cost_Cost_Expense_Expense_Expense l. Steering wheels.

m. Special advertising campaign in Bass World.

n. Masks for use by sanders in smoothing boat hulls.

o. Power used by sanding equipment.