Knight Company reports the following costs and expenses in May:
Factory Utilities | $16,961 | Direct Labor | $72,938 |
---|---|---|---|
Depreciation on factory equipment | $14,265 | Sales salaries | $49,143 |
Depreciation on delivery trucks | $4,585 | Property taxes on factory building | $2,798 |
Indirect factory labor | $52,541 | Repairs to office equipment | $1,888 |
Indirect materials | $84,605 | Factory repairs | $2,583 |
Direct materials used | $139,406 | Advertising | $15,233 |
Factory manager’s salary | $8,593 | Office supplies used | $2,878 |
From the information, determine the total amount of:
a) Manufacturing Overhead
b) Product Costs
c) Period Costs