Question: help with the red x's please a Classify each cost as either a product cost or a period cost. Indicate whether each product cost is

a Classify each cost as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a direct labor cost, or a factory overhead Indicate whether each period cost is a selling expense or an administrative expense. Costs Classification a. Annual bonus paid to the chief operating officer of the company Period costs-administrative expense b. Annual fee to a celebrity to promote the aircraft Product costs-factory overhead cost c. Cost of electronic guidance system installed in the airplane cockpit Product costs-directomaterials cost d. Cost of electrical wiring throughout the airplane Period costs-administrative expense e. Cost of miniature replicas of the airplane used to promote and market the airplane Product costs-factory overhead cost 1. Cost of normal scrap from production of airplane body Product costs-directmaterials cost 9. Cost of paving the headquarters employee parking lot Product costs-direct materials cost X h. Decals for cockpit door, the cost of which is immaterial to the cost of the final product Product costs-direct labor cost 1. Depreciation on factory equipment Period costs-administrative expense Hourly wages of employees that assemble the alrplane Product costs-direct materials cost k. Hydraulic pumps used in the airplane's flight control system Product costs-direct materials cost 1. Instrument panel installed in the airplane cockpit Product costs-directmaterials cost m. Interior trim material used throughout the airplane cabin Product costs-factory overhead cost n. Masks for use by painters in painting the airplane body Period costs-administrative expense 0. Metal used for producing the airplane body Product costs-direct-materials cost p. Oil to lubricate factory equipment Period costs-selling expense X ure replicas or the to promote and market the airplane X X X f. Cost of normal scrap from production of airplane body g. Cost of paving the headquarters employee parking lot h. Decals for cockpit door, the cost of which is immaterial to the cost of the final product 1. Depreciation on factory equipment j. Hourly wages of employees that assemble the airplane k. Hydraulic pumps used in the airplane's flight control system 1. Instrument panel installed in the airplane cockpit m. Interior trim material used throughout the airplane cabin n. Masks for use by painters in painting the airplane body o. Metal used for producing the airplane body p. Oil to lubricate factory equipment 4. Power used by painting equipment . Prebuilt leather seats installed in the first-class cabin s. Production Quality Control Department costs for the year t. Salaries of Marketing Department personnel u. Salaries of test pilots V. Salary of chief financial officer W. Salary of plant manager *. Special advertising campaign in Aviation World magazine y. Turbo-charged airplane engine z. Yearly cost of the maintenance contract for robotic equipment Product costs-direct materials cost Product costs-directomaterials cost Product costs-dirett labor cost Period costs-administrative expense Product costs-direct materials cost Product costs-direct materials cost Product costs-direct-materials cost Product costs-factory overhead cost Period costs-administrative expense Product costs-direct-materials cost Period costs-selling expense Product costs-direct-materials cost Product costs-factory overhead cost Product costs-direct materials cost Product costs-factory overhead cost Perlod costs-selling expense Product costs-factory overhead cost Product costs-direct labor cost Product costs-factory overhead cost Product costs-factory overhead cost Period costs-administrative expense X X X X X
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