Factory utilities $15,500 Direct labor $69,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 Property taxes on factory building 2,500 Indirect factory labor 48,900 Repairs to office equipment 1,300 Indirect materials 80,800 Factory repairs 2,000 Direct materials used 137,600 Advertising 15,000 Factory manager's salary 8,000 Office supplies used 2,640

From the information, determine the total amount of:

a. Manufacturing overhead $

b. Product costs $

c. Period costs $

(a) $170,350

(b) $377,050

(c) $69,140

Explanation:

(a) Manufacturing overhead:

= Factory utilities + Depreciation on factory equipment + Indirect factory labor + Indirect materials + Factory manager's salary + Property taxes on factory building + Factory repairs

= $15,500 + $12,650 + $48,900 + $80,800 + $8,000 + $2,500 + $2,000

= $170,350

(b) Product costs:

= Direct materials + Direct labor + Manufacturing overhead

= $137,600 + $69,100 + $170,350

= $377,050

(c) Period costs:

= Depreciation on delivery trucks + Sales salaries + Repairs to office equipment + Advertising + Office supplies used

= $ 3,800 + $46,400 + $1,300 + $15,000 + $2,640

= $69,140