The following calendar year-end information is taken from the December 31, 2015, adjusted trial balance and other records of Leone Company. Advertising expense $ 32,500 Depreciation expense—Office equipment 7,500 Depreciation expense—Selling equipment 9,100 Depreciation expense—Factory equipment 38,750 Factory supervision 105,360 Factory supplies used 11,600 Factory utilities 39,900 Direct labor 693,000 Indirect labor 73,000 Miscellaneous production costs 10,900 Office salaries expense 73,450 Raw materials purchases 995,000 Rent expense—Office space 23,200 Rent expense—Selling space 31,500 Rent expense—Factory building 79,600 Maintenance expense—Factory equipment 40,800 Sales 4,612,500 Sales salaries expense 400,560 Required: Classify each of the costs as either a product or period cost. Then, classify each of the product costs as either direct materials, direct labor, or factory overhead and each of the period costs as either selling or general and administrative expenses.