Esquire electronics assembles air conditioners from components supplied by various manufacturers. Listed below are some of the costs that are incurred at the company. Required: (8) For each cost, indicate whether it would most likely be classified as direct materials, direct labor, manufacturing overhead, selling, or an administrative cost. I. The cost of a compressor installed in an air conditioner. II. Rent of the factory of Esquire electronics. III. Sales commissions paid to the company's salespeople. IV. Depreciation on equipment used to test assembled air conditioners before release to customers. V. The salary of the factory supervisor. VI. The cost of advertising in the Daily Star newspaper. VII. The wages of employees who assemble air conditioner from components. VIII. The salary of the company's HR executive