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Product Cost vs Period Cost The company Brenthon&Parker reports the following infoemation Sales Direct materials uscd Depreciation on factory equipment Indircct labor Direct labor Factory

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Product Cost vs Period Cost The company Brenthon&Parker reports the following infoemation Sales Direct materials uscd Depreciation on factory equipment Indircct labor Direct labor Factory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials S76,500 7,300 4,700 5,900 10.500 4.200 1.200 15,600 8,900 1,200 Instructions Calculate a) Product costs b) Period costs Cost of Goods Manufactured Thales Company has the following information for January Cost of materials placed in production Factory overhcad Work in nrocess inventory. January 1 Work in process inventory, January 31 2.90 Instructions: Calculate the Cost of goods manufactured

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