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Tesco Company showed the following costs for last month. Direct materials$40,000 Direct labour35,000 Overhead52,000 Selling expense17,000 Administrative expense12,000 Last month, Tesco produced and sold 20,000

Tesco Company showed the following costs for last month.

Direct materials$40,000

Direct labour35,000

Overhead52,000

Selling expense17,000

Administrative expense12,000

Last month, Tesco produced and sold 20,000 units at a sales price per unit of $18. Assume no beginning or ending inventory balances for work in process and finished goods inventory.

Required:

Solve for the following amounts.

A.Total product cost for last month

B.Unit product cost for last month

C.Total period costs

D.Gross margin for last month

E.Operating income for last month

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