Instructions Classify each cost as either a product cost or a period cost. Indicate whether each ne cost is a direct materials cost, a direct labor cost, or a factory overhead cost. Indicate each period cost is a selling expense or an administrative expense. Use the followin headings for your answer, placing an "X" in the appropriate column: whether g tabula Period Costs Product Costs Direct Cost Direct Factory Materials Labor Overhead Selling Expense Administrative Expense Cost Cost Cost PR 15-2B Classifying costs The following is a list of costs incurred by several businesses: A. Salary of quality control supervisor B. Packing supplies for products sold. These supplies are a very small portion of the total cost of t C. Factory operating supplies D. Depreciation of factory equipment E. Hourly wages of warehouse laborers F. Wages of company controller's secretary G. Maintenance and repair costs for factory equipment Obj, 2