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Refer to below : Utility expenses $15,000 Salaries - Factory $10,000 Salaries General Office $10,000 Raw material purchases $35,000 Rental Factory premise $7,000 Rental General
Refer to below :
Utility expenses $15,000
Salaries - Factory $10,000
Salaries General Office $10,000
Raw material purchases $35,000
Rental Factory premise $7,000
Rental General Office $5,000
Calculate:
(a) The period costs
(b) The product costs
(c) The prime costs
(d) The conversion costs
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