A Moving to another question will save this response. Question 17 For a manufactured product, depreciation of equipment factory supervision, and factory utilities costs are: Direct period costs Indirect period costs Indirect product costs Direct product costs A Moving to another question will save this response. Question 18 The first step in preparing the operating budgets for the master budget is preparing the: Sales budget Purchases budget Budgeted income statement Cash budget A Moving to another question will save this response