Woody Lumber Manufacturing Company had no units in process on January |. On December 31, VARIOUS COSTS there were 100,000 finished units on hand and no units in process. During the year, 250,000 units had been sold. Materials costing $375,000 had been put into process; 80% were direct materials.

Labor costs were $400,000; 65% was direct labor. Additional factory overhead costs were the following: 4lop

Selling expenses were $125,000; general and administrative expenses were $80,000.
Required:
Compute the following:
a Prime costs b Conversion costs c Product costs d_ Period costs

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Heat, light, and power.... Depreciation... Property taxes Repairs and maintenance $160,000 45,000 85,000 20,000