HappyMoo Dairy processes raw milk to produce buttercream and incurred the following costs during July 2020.

Administrative wages and salaries	$36,000
CEOs salary	$20,000
Delivery costs	$125
Depreciation on milk-processing equipment	$550
Depreciation on marketing departments copy machine	$140
Electricity bill for factory	$620
Electricity bill for human resource office	$117
Factory janitorial costs	$6,800
Marketing expense	$1,030
Property tax on factory	$95
Property tax on administrative building	$161
Raw milk	$7,340
Rent on factory	$5,000
Rent on administrative and marketing department building	$3,400
Wages for factory workers	$41,000

Q1 Calculate the prime costs for July 2020.

		$7,340
		$48,340
		$53,340
		$53,560

Q2. Calculate the period costs for July 2020.

		$13,065
		$16,883
		$60,973
		$74,038