Reference no: EM132481396

The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer:

Direct material $2,200,000

Advertising expense 98,000

Depreciation on factory building 116,000

Direct labor: wages                     525,000

Cost of finished goods inventory at year-end 115,000

Indirect labor: wages 140,000

Production supervisor's salary 46,000

Service department costs* 100,000

Direct labor: fringe benefits 101,000

Indirect labor: fringe benefits 32,000

Fringe benefits for production supervisor 11,000

Total overtime premiums paid 55,000

Cost of idle time: production employees§ 40,000

Administrative costs 150,000

Rental of office space for sales personnel† 15,000

Sales commissions 6,000

Product promotion costs 10,000

Required:

Question 1. Compute each of the following costs for the year just ended:

a. Total Prime Costs:

b. Total manufacturing overhead costs:

c. Total conversion costs:

d. Total product costs:

e. total period costs: