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Problem 18-2A Classifying costs The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Required Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense. Problem 18-3A Schedule of cost of goods manufactured and income statement (4) P1 (4) P2 Using the data from Problem 18-2A and the following additional information for Leone Company, complete the requirements below. Required 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement