Bacala Corporation incurred the following costs while manufacturing its product..

Instructions(a) Identify each of the costs as direct materials, direct labor, manufacturing overhead, or period costs.(b) Explain the basic difference in accounting for product costs and period costs

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Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $45,000 $100,000 14,000 21,000 110,000 13,000 50,000