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Arden Company reported the following costs and expenses for the most recent month: Direct materials $ 79,000 Direct labor $ 41,000 Manufacturing overhead $ 19,000
Arden Company reported the following costs and expenses for the most recent month:
Direct materials | $ | 79,000 | |
Direct labor | $ | 41,000 | |
Manufacturing overhead | $ | 19,000 | |
Selling expenses | $ | 22,000 | |
Administrative expenses | $ | 34,000 | |
Required:
1. What is the total amount of product costs?
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?
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