Solution-What were the product costs and period costs for

What were the product costs and period costs for last year

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Reference no: EM132876897

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

Variable costs: Direct materials used 57,650

Direct labor 171,600

Manufacturing overhead 155,650

Selling costs 100,900

Fixed costs: Manufacturing overhead 268,650

Selling costs 113,500

Administrative costs 237,550

In addition, the company suffered a $20,200 uninsured factory fire loss during the year. What were the product costs and period costs for last year?

Reference no: EM132876897

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What were the product costs and period costs for last year

Reference no: EM132876897

Reference no: EM132876897

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