. Asche Company Balance Sheet December 31, 2020 $ 29,000 51,000 100,000 Current assets Cash Short-term investments Accounts receivable Inventories Finished goods Work in process Raw materials Prepaid expenses Total current assets $47.000 44.000 39,000 130,000 20,000 $330,000 a21 Practice Exercises Determine the owl amount of various types of costs. $89.100 46,400 1. (LO 2) Fredricks Company reports the following costs and expenses in May. Factory utilities $ 15,600 Direct labor Depreciation on factory Sales salaries equipment 12,650 Property taxes on factory Depreciation on delivery trucks 8.800 building Indirect factory labor 48,900 Repairs to office equipment Indirect materials 80.800 Factory repairs Direct materials used 137,600 Advertising Factory manager's salary 13,000 Office supplies used Instructions From the information, determine the total amount of: a. Manufacturing overhead. b. Product costs. 2.500 2.300 2.000 18.000 5.640 c. Period costs