PRACTICE EXERCISES 1. Fredricks Company reports the following costs and expenses in May Determine the total amount of various types of costs. Factory utilities Depreciation on factory 15,600 Direct labor $89,100 46,400 LO 2) Sales salaries Property taxes on factory 12,650 equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 2,500 2,300 2,000 18,000 5,640 8,800 48,900 Repairs to office equipment 80,800 Factory repairs 137,600 Advertising 13,000 building Office supplies used Instructions From the information, determine the total amount of (a) Manufacturing overhead (b) Product costs (c) Period costs