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The following calendar year-end information is taken from the December 31, 2017, adjusted trial balance and other records ofCosts Product Cost or Period Cost Type of Product Cost Type of Period Cost Neither Period cost Product cost 1. Advertising exType of Product Cost Direct Labor Direct Materials Factory Overhead NA - Not a product costType of Period Cost General and Administrative expenses NA - Not a period cost Selling expenses

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Answer #1
product/ Type Type
period cost product period
1 Advertising expense period cost NA Selling expenses
2 Depreciation expense- office Equipment period cost NA General and Administrative expenses
3 Depreciation expense -Selling Equipment period cost NA Selling expenses
4 Depreciation expense -Factory Equipment product cost Factory overhead NA
5 Factory supervision product cost Factory overhead NA
6 Factory supplies used product cost Factory overhead NA
7 Factory utilities product cost Factory overhead NA
8 Direct labor product cost Direct Labor NA
9 Indirect labor product cost Factory overhead NA
10 Miscellaneous production costs product cost Factory overhead NA
11 Office salaries expense period cost NA General and Administrative expenses
12 Raw materials purchases product cost Direct Material NA
13 Rent expense-Office Space period cost NA General and Administrative expenses
14 Rent expense-Selling Space period cost NA Selling expenses
15 Rent expense-Factory building product cost Factory overhead NA
16 Maintenance expense-Factory equipment product cost Factory overhead NA
17 Sales Neither NA NA
18 Sales Salaries expense period cost NA Selling expenses
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