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ad-work [718]
3 years ago
15

Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries $ 51,600 Prope

rty taxes, factory $ 15,700 Administrative travel $ 104,400 Sales commissions $ 54,700 Indirect labor $ 42,300 Direct materials $ 168,800 Advertising $ 138,000 Depreciation of production equipment $ 41,200 Direct labor $ 90,900 Required: a. What is the total amount of product cost listed above
Business
1 answer:
horrorfan [7]3 years ago
7 0

Answer:

Product costs= $259,700

Explanation:

Giving the following information:

Direct materials $ 168,800

Direct labor $ 90,900

<u>The product costs are all expenses directly involved in the production. It generally involves the prime costs (direct material and direct labor).</u>

<u />

Product costs= direct material + direct labor

Product costs= 168,800 + 90,900

Product costs= $259,700

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A price at which the demanded quantity is equal to the produced quantity of that product is called the
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