Choco Chocolata is a cookie company in Juarez, Mexico that produces and sells American-style chocolate chip cookies with extremely high quality and service. The owner would like to identify the various costs incurred during each year in order to plan and control the costs in the business. Chocolata's costs are the following (in thousands of pesos): Utilities for the bakery Paper used in packaging product Salaries and wages in the bakery Cookie ingredients Bakery labor fringe benefits Administrative costs Bakery equipment maintenance Depreciation of bakery plant and equipment Uniforms for bakers Insurance for the bakery Rent for administration offices Advertising Boxes, bags, and cups used in the bakery Office Manager's salary Overtime premiums Idle Time $ 2,100 180 23,500 43,500 1,300 2,300 800 2,200 750 900 18,500 3,500 1,100 13,000 2,600 500 Required: (1) What is the total amount of product costs? (2) What is the total amount of period costs