Chapter 2 - Identifying Costs Identify each cost below as a product cost, or period cost. If a product cost, identify whether the cost is a Direct Material, Direct Labor, or Manufacturing Overhead Cost. 1. Factory Utilities $4,100 2. Depreciation on factory equipment $7,650 3. Sales Commissions $51,000 4. Lumber used to manufacture product $125,650 5. Factory supervisor's salary $7,200 6. Repairs to office equipment $850 7. Factory repairs $1,450 8. Advertising expense $11,500 9. Property taxes on manufacturing facility $3,100 10. Wages paid to assembly line workers $72,300 DL 11. Utilities in sales office $1,750 12. Depreciation on delivery truck $2,600 13. Wages incurred by janitorial staff at the manufacturing facility $36,500 14. Indirect Materials $62,600 15. Freight in (on raw materials) $1,200 Find the totals for the following categories of costs: product, period, direct materials, direct labor, manufacturing overhead, prime, and conversion costs