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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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