Sobota Corporation has provided the following partial listing of costs incurred
ID: 2492242 • Letter: S
Question
Sobota Corporation has provided the following partial listing of costs incurred during August:
Required:
Marketing salaries $ 51,900 Property taxes, factory $ 14,900 Administrative travel $ 103,900 Sales commissions $ 49,500 Indirect labor $ 47,200 Direct materials $ 165,900 Advertising $ 145,000 Depreciation of production equipment $ 39,800 Direct labor $ 93,200
Required:
a. What is the total amount of product cost listed above?
b. What is the total amount of period cost listed above?
Explanation / Answer
Product Cost Particulars Amount Direct Materials 165900 Direct labor 93200 Indirect labor 47200 Depreciation 39800 Property taxes 14900 Administrative travel 103900 Total 464900 Period Cost Particulars Aount Advertising 145000 Marketing salaries 51900 Sales Commision 49500 Total 246400
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