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Lettman Corporation has provided the following partial listing of costs incurred during November:




  Marketing salaries $ 52,100   
  Property taxes, factory $ 12,400   
  Administrative travel $ 100,800   
  Sales commissions $ 52,800   
  Indirect labor $ 38,400   
  Direct materials $ 173,900   
  Advertising $ 139,900   
  Depreciation of production equipment $ 39,100   
  Direct labor $ 87,400   

Required:

a.

What is the total amount of product cost listed above? (Omit the "$" sign in your response.)

  Total product cost $   
b.

What is the total amount of period cost listed above? (Omit the "$" sign in your response.)

  Total period cost $   

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9950963

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