Instructions: Classify the following manufacturing costs and expenses by using the following code letters:
A. Direct materials cost
B. Direct labor cost
C. Manufacturing overhead cost
D. Period cost
Abel Manufacturing Company incurs the following costs and expenses in making furniture:
____ 1. Lubricants, rosin, and polishing compounds used in manufacturing
____ 2. Oak and pine wood used in desks and chairs
____ 3. Insurance on factory building
____ 4. Advertising in trade magazines
____ 5. Salesperson's commissions
____ 6. Wages of assembly line workers
____ 7. Rent on leased factory machinery
____ 8. Depreciation on delivery equipment
____ 9. Wages of factory maintenance workers
____ 10. Depreciation on factory machinery