Sobota Corporation has provided the following partial listing of costs incurred

Question

Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries Property taxes, factory Administrative travel Sales commissions Indirect labor Direct materials Advertising Depreciation of production equipment Direct labor $ 50,200 $ 16,000 $ 102,100 $ 55,000 $41,200 $ 169,600 $146,200 S45,200 $ 88,900 Required a. What is the total amount of product cost listed above? Total product cost b. What is the total amount of period cost listed above? Total period cost

Explanation / Answer

a) Calculate total product cost :

b) Calculate total period cost :

Direct material 169600 Direct labour 88900 Depreciation of production equipment 45200 Property taxes, factory 16000 Indirect labour 41200 Total product cost 360900

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