12) For each item, identify all applicable cost labels. Use the following code in your answer 1- Product Cost or 2 - Period Cost Magazine Ad a. b. Direct materials used Indirect factory labor c. d. Sales salaries Repairs to office equipment e. f. Television commercial Direct labor g. Wood used by furniture company h. i. Repairs to factory drill press j. Salary of the company president 13) Property taxes on a manufacturing plant are an element of a Product Cost Period Cost Yes No a. b. Yes Yes c. No Yes d. No No 14) Cianciolo Company incurred direct materials costs of $1,300,000 during the year. Direct labor costs were $400,000. Manufacturing overhead was calculated at 70 % of direct labor costs. What were Cianciolo Company's total manufacturing costs for the year? 15) Agale Combines, Inc. has $40,000 of ending finished goods inventory as of December 31, 2017. If beginning finished goods inventory was $25,000 and cost of goods sold was $75,000, how much would Agale report for cost of goods manufactured? 16) Duggan Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $62,000, and direct materials totaling $64,000. How much is direct labor cost