A partial listing of costs incurred at Acme Corp. during May appears below:

Direct materials	107,000
Utilities, factory	11,000
Sales commissions	35,000
Admin. salaries	115,000
INdirect labor	29,000
Advertising	148,000
Depreciation of production equipment	46,000
Direct Labor	109,000
Depreciation of admin. equipment	39,000

1. What is the total amount of product cost listed above? Show work.

2. What is the total amount of period cost listed above? Show work.