Use the first two images to answer the question on Image three using the SAME ACCOUNTS. All that has changed in the third image are the numbers. Don't use pencil or pen. Answers must be typed using professional accounting formatting.

BRIEF EXERCISE 8.1 Variable costing: Cost Cost Commission fees for salespersons _- Glue for wooden chairsvariable Fabric for T-shirts - Labour costs for producing TVs Factory rent expensefixed _- Factory utility costsvariable _- Car mileage for salespersons Administrative expensesfixed Administrative Internet connection fees Wagesassembly line Brief Exercise 8.1 Determine whether each of the following costs would be classied as product costs or period costs under a variable-costing system: Commission fees for salespersons : Glue for wooden chairsvariable : Fabric for T-shlrts : Labour costs for producing TVs : Factory rent expensexed : Factory utility costsvariable 3 Car mileage for salespersons : Administrative expensesfixed : Administrative Internet connection fees E Wagesassembly line : BE8.1 (L9 1) Determine whether each of the following costs would be classified as product costs or period costs under a variable-costing system: Identify costs as product costs or period costs under variable costing. Product cost Period cost Commission fees for salespersons Glue for wooden chairsvariable Fabric for T-shirts Labour costs for producing TVs Factory rent expensefixed Factory utility costsvariable Car mileage for salespersons Administrative Internet connection fees Wagesassembly line Administrative expensesfixed