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b) Refer to the following data: Direct material used $180 000 Advertising costs $ 5 000 Indirect labour $ 8 000 Rent on corporate office

b) Refer to the following data:

Direct material used $180 000

Advertising costs $ 5 000

Indirect labour $ 8 000

Rent on corporate office $ 20 000

Depreciation on factory equipment $ 60 000

Direct labour $ 30 000

Factory cleaners wages $ 20 000

Indirect materials $ 35 000

Required (show your workings for each question): Determine each of the following costs: (list the costs under each cost category when calculating the answer).

i) Product costs (1.75 marks)

ii) Period costs (0.75 mark)

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