1. Smith Enterprises had the following costs: Direct Materials $428,000

Indirect Materials $242,000

Utilities for Office $23,800

Utilities for the factory $59,760

Depreciation on Factory Equipment $90,000 Depreciation on Office Equipment $75,000

Direct Labor $ 861,800

Indirect Labor $ 372,500

Salaries and Commissions for Sales staff $ 142,000

Salaries for Administrative Staff $322,000

Salary for CEO $187,000

Calculate the following Costs: A. Prime Costs

B. Conversion Costs

C. Period Costs

D. Product Costs

E. Total Cost of Manufactured Product