Exercise $1-8($Algo$)$ Product Costs and Period Costs; Variable and Fixed Costs $[$LO$1-3,$ LO$1-4]$

Required:

$1.$ For financial accounting purposes, what is the total amount of product costs incurred to make $20,250$ units?

$2.$ For financial accounting purposes, what is the total amount of period costs incurred to sell $20,250$ units?

$3.$ For financial accounting purposes, what is the total amount of product costs incurred to make $24,500$ units?

$4.$ For financial accounting purposes, what is the total amount of period costs incurred to sell $16,000$ units?

$($For all requirements, do not round intermediate calculations.$)$