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TockTick Company provided the following information regarding its first year operations: - Administrative salaries and other administrative costs $25,000 - Assembly line workers' wages $30,000

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TockTick Company provided the following information regarding its first year operations: - Administrative salaries and other administrative costs $25,000 - Assembly line workers' wages $30,000 - Depreciation on administrative office equipment $8,000 - Depreciation on factory production equipment $5,000 - Direct materials used $22,000 - Factory supervisory salaries $16,000 - Marketing and distribution costs $24,000 - Indirect materials used $4,000 - Sales revenue $120,000 - Rent on factory building $6,000 - Sales salaries and other selling costs $32,000 Units produced =20,000 Units sold =15,000 Calculate total product costs. Do not include dollars signs or commas. Calculate total manufacturing overhead. Do not include dollars signs or commas

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