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1 Happy Corporation has provided the following partial listing of costs incurred during November: Marketing salaries Propery Taxes, factory $45,000 $9,000 Administrative travel $98,000 Sales

1 Happy Corporation has provided the following partial listing of costs incurred during November: Marketing salaries Propery Taxes, factory $45,000 $9,000 Administrative travel $98,000 Sales Commissions $48,000 Indirect Labor $38,000 Direct Materials $165,000 Advertising $138,000 Depreciation of production equipment $39,000 Direct Labor $87,000 Required: a. What is the total amount of product cost listed above? Show your work. b. What is the total amount of period cost listed above? Show your work. c. Calculate the prime cost. Show your work. d. Calculate the conversation cost. Show your work. 20

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