Compute each of the following costs for the year just ended:
Total Prime total manufacturing overhead costs total conversion costs total product costs total period costs Which one is an opportunity cost and why?

Please help me understand why you put the numbers and labels where you put them. I am still trying to figure that out. I am paying extra to help me.

The following cost data for the year just ended pertain to Heartstrings, Inc., a greeting card manufacturer:

Service department costs*	$	100,000
Direct labor: wages		480,000
Direct labor: fringe benefits		88,000
Indirect labor: fringe benefits		31,000
Fringe benefits for production supervisor		11,000
Total overtime premiums paid		55,000
Cost of idle time: production employees		40,000
Administrative costs		150,000
Rental of office space for sales personnel		15,000
Sales commissions		5,000
Product promotion costs		10,000
Direct material used		2,200,000
Advertising expense		97,000
Depreciation on factory building		116,000
Cost of finished-goods inventory at year-end		115,000
Indirect labor: wages		142,000
Production supervisors salary	$	46,000

*	All services are provided to manufacturing departments.
	Cost of idle item is an overhead item; it is not included in direct-labor wages given above.
	The rental of sales space was made necessary when the sales offices were converted to storage space for raw material.