Knight Company reports the following costs and expenses in May.
Factory utilities $17,400 Direct labor $73,700
Depreciation on factory equipment 13,950 Sales salaries 47,100
Depreciation on delivery trucks 4,000 Property taxes on
factory building 2,700
Indirect factory labor 51,200 Repairs to office
equipment 1,500
Indirect materials 80,900 Factory repairs 2,660
Direct materials used 141,700 Advertising 17,100
Factory manager’s salary 8,300 Office supplies
used 3,220
From the information, determine the total amount of:
A) Manufacturing overhead.
B) Product costs.
C) Period costs.