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Class, a partial listing of costs incurred at Newman Corporation during May 2021 appears below:...

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Accounting

Class, a partial listing of costs incurred at Newman Corporation during May 2021 appears below:

Direct Materials $ 192,000

Utilities, factory 12,000

Sales Commissions 67,000

Administrative Salaries 44,000

Indirect labor 41,000

Advertising 23,000

Depreciation of Production Equipment 33,000

Direct labor 125,000

Depreciation of Administrative Equipment 42,000

Required: A. What is the total amount of product cost listed above? B. What is the total amount of period cost listed above?

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