Solution-Determine the product costs and period costs

Determine the product costs and period costs

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Reference no: EM133114918

Question - Refer to the following data:

Direct material used $180,000

Advertising costs $5,000

Indirect labour $8,000

Rent on corporate office $20,000

Depreciation on factory equipment $60,000

Direct labour $30,000

Factory cleaners wages $20,000

Indirect materials $35,000

Required - Determine each of the following costs: (list the costs under each cost category when calculating the answer).

1. Product costs

2. Period costs

Reference no: EM133114918

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Determine the product costs and period costs

Reference no: EM133114918

Reference no: EM133114918

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