Solution-What were the product costs and period costs

What were the product costs and period costs

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Reference no: EM133093503

Question - A review of accounting records for last year disclosed the following selected information:

Variable costs:

Direct materials used 58,200

Direct labor 171,100

Manufacturing overhead 156,200

Selling costs 100,400

Fixed costs:

Manufacturing overhead 269,200

Selling costs 113,000

Administrative costs 238,100

In addition, the company suffered a $19,700 uninsured factory fire loss during the year. What were the product costs and period costs for last year?

Reference no: EM133093503

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What were the product costs and period costs

Reference no: EM133093503

Reference no: EM133093503

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