Question
Lettman Corporation has provided the following partial listing of costs incurred during November: Marketing salaries $ 52,100 Property taxes, factory $ 12,400 Administrative travel $
Lettman Corporation has provided the following partial listing of costs incurred during November:
| Marketing salaries | $ | 52,100 |
| Property taxes, factory | $ | 12,400 |
| Administrative travel | $ | 100,800 |
| Sales commissions | $ | 52,800 |
| Indirect labor | $ | 38,400 |
| Direct materials | $ | 173,900 |
| Advertising | $ | 139,900 |
| Depreciation of production equipment | $ | 39,100 |
| Direct labor | $ | 87,400 |
Required:
| a. | What is the total amount of product cost listed above? (Omit the "$" sign in your response.) |
| Total product cost | $ |
| b. | What is the total amount of period cost listed above? (Omit the "$" sign in your response.) |
| Total period cost | $ |
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Frank Woods Business Accounting Volume 1
Authors: Alan Sangster, Frank Wood
13th Edition
1292084669, 9781292084664
