Practice Exercise 1 Knight Company reports the following costs and expenses in May. Factory utilities $16,400 Direct labor $72,100 Depreciation on factory equipment 13,350 Sales salaries 47,500 Depreciation on delivery trucks 4,200 Property taxes on factory building 2,600 Indirect factory labor 50,600 Repairs to office equipment 2,300 Indirect materials 85,000 Factory repairs 2,880 Direct materials used 142,700 Advertising 16,900 Factory manager's salary 8,600 Office supplies used 3,420 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount of product costs. Product costsDIlett malenaIs uscu Factory manager's salary 8,600 Office supplies used 3,420 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead $ Determine the total amount of product costs. Product costs $ Determine the total amount of period costs. Period costs $ Click if you would like to Show Work for this question: Open Show Work