Knight Company reports the following costs and expenses in May.
|
Factory utilities
|
|
$17,379
|
|
Direct labor
|
|
$70,841
|
|
Depreciation on factory equipment
|
|
14,651
|
|
Sales salaries
|
|
50,042
|
|
Depreciation on delivery trucks
|
|
4,040
|
|
Property taxes on factory building
|
|
2,883
|
|
Indirect factory labor
|
|
53,835
|
|
Repairs to office equipment
|
|
1,528
|
|
Indirect materials
|
|
85,576
|
|
Factory repairs
|
|
2,286
|
|
Direct materials used
|
|
141,433
|
|
Advertising
|
|
15,300
|
|
Factory manager's salary
|
|
8,454
|
|
Office supplies used
|
|
3,739
|
From the information, determine the total amount of:
|
(a)
|
|
Manufacturing overhead
|
|
$
|
|
(b)
|
|
Product costs
|
|
$
|
|
(c)
|
|
Period costs
|
|
$
|