1 The following information is available about the August transactions of the Helpful Tool Company:

Invoices for product costs paid during the month$ 493,000Product costs charged to work in process$ 737,000Cost of finished goods manufactured$ 718,000Cost of goods sold$ 739,000

The product costs to be deducted from revenue in August amount to:?

2 Alton Company produces metal belts. During the current month, the company incurred the following product costs:

Raw materials $85,000;

Direct labor $52,500;

Electricity used in the Factory $22,500;

Factory foreperson salary $3,250; and

Maintenance of factory machinery $2,050.

Alton Company's indirect product costs totaled:?