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b) Fashion Bags incurs these costs for the month: Research costs Leather material used Depreciation on production equipment Shipping costs for goods shipped to a
b) Fashion Bags incurs these costs for the month: Research costs Leather material used Depreciation on production equipment Shipping costs for goods shipped to a customer Repairs and maintenance on office building Glue, pins, threads Wages for assembly line workers Commissions paid to salespeople $3 000 $5 000 $1000 $ 200 $1 500 S 300 $6 000 $1 800 Required: Determine each of the following costs: (list the costs under each cost category when calculating the answer). i. product costs ii. Period costs
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