Vijay's Vinyl, manufactures vinyl records for selected artists.. Samantha Kline, CFO of Vijay's Vinyl, has gathered the following cost information from the company's accounting records for the latest month of operations.

Advertising....... $35,000$

Fire insurance for the factory building..$\mathrm{.}2,500$

Sales office utilities..... $3,000$

Vinyl needed to produce records.... $42,000$

Rent on the factory building..... $12,000$

Freight to ship the records to stores...$\mathrm{.}4,500$

Sales department executive salaries..$\mathrm{.}56,000$

Production supervisors' salaries...$\mathrm{.}47,000$

Assembly line workers' wages... $65,000$

What are the total product costs?

$(1$ pt$)$

What are the total period costs?

$(1$ pt$)$