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The costs incurred by Treats Bakery Ltd. as part of its operations are listed below. Cost Items Amount $ Insurance on factory equipment 4,700 Wheat

The costs incurred by Treats Bakery Ltd. as part of its operations are listed below.

Cost Items

Amount $

Insurance on factory equipment

4,700

Wheat Flour and other key baking materials

55,800

Depreciation of computers used in the sales department

1,500

Bakers wages

38,600

Utility cost of the sales department

1,300

Rental for factory space

7,800

Depreciation on ovens and other factory equipment

4,800

Rental of space for the sales department

5,600

Salary of factory supervisor

17,000

Factory utility cost

6,900

Required

You are required to calculate the:

a) Prime cost (2 Marks)

b) Conversion cost (2 Marks)

c) Period cost (3 Marks)

d) Product cost (3 Marks)

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