Question
A greeting card company incurred the following costs associated with running its business last month: Cardstock (thick paper), $9,860; Ink, stickers, ribbons, and other card
A greeting card company incurred the following costs associated with running its business last month:
Cardstock (thick paper), $9,860;
Ink, stickers, ribbons, and other card attachments, $7,560;
Rent on office space, $1,460;
Rent on factory space, $2,360;
Office salaries, $5,260;
Factory labor, $8,960;
Advertising, $910.
Required
How much were its total product costs last month?
How much were its total period costs last month?
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