What were Plunkett product costs and period costs

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Problem - A review of Plunkett Corporation's accounting records revealed the following selected information for the previous year:

Direct materials used $56,000

Direct labor 179,100

Manufacturing overhead 421,000

Selling expenses 235,900

Administrative expenses 229,400

In addition, the company suffered a $27,700 uninsured factory fire loss during the year. What were Plunkett's product costs and period costs for last year?

Reference no: EM132758165

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