Arden Company reported the following costs and expenses for the most recent month:

Direct materials$75,000Direct labor$37,000Manufacturing overhead$15,000Selling expenses$18,000Administrative expenses$30,000

Required:1.What is the total amount of product costs?

Direct materials $75,000

Direct labor $37,000

Manufacturing overhead $15,000

Selling Expenses $18,000

Administrative Expenses $30,000

2.What is the total amount of period costs?

3.What is the total amount of conversion costs?

4.What is the total amount of prime costs?