Sobota Corporation has provided the following partial listing of costs incurred
ID: 2492987 • Letter: S
Question
Sobota Corporation has provided the following partial listing of costs incurred during August:
What is the total amount of product cost listed above?
a. total product cost?
b. what is the total amount of perod cost listed above?
Marketing salaries $ 50,700 Property taxes, factory $ 11,500 Administrative travel $ 101,800 Sales commissions $ 56,800 Indirect labor $ 44,400 Direct materials $ 167,900 Advertising $ 139,700 Depreciation of production equipment $ 43,900 Direct labor $ 91,800
What is the total amount of product cost listed above?
a. total product cost?
b. what is the total amount of perod cost listed above?
Explanation / Answer
a) Total product cost Direct Material 167900 Direct labor 91800 Depriciation of production equipment 43900 Indirect labor 44400 property taxes , factory 11500 Total product cost 359500 b) Total period cost Marketing salaries 50700 Administrative travel 101800 Sales commission 56800 Advertising 139700 Total period cost 349000