Crispin Companys sales from last year were $8 million. The company maintains no beginning or ending inventories. It has assembled all of its costs from last year and would like your assistance in sorting these costs into various categories, depicting them graphically, and preparing traditional and contribution format income statements.

Information below:

Please calculate:

A. Calculate the companys total variable costs and total fixed costs.

b.Calculate the portions of the total variable costs that would be classified as product costs and period costs.

c. Calculate the portions of the total fixed costs that would be classified as product costs and period costs.