The following cost data for the year just ended pertain toSentiments, Inc., a greeting card manufacturer:
| | | |
| Direct material | $ | 2,200,000 | |
| Advertising expense | | 98,000 | |
| Depreciation on factorybuilding | | 115,000 | |
| Direct labor: wages | | 535,000 | |
| Cost of finished goods inventoryat year-end | | 115,000 | |
| Indirect labor: wages | | 142,000 | |
| Production supervisor’ssalary | | 47,000 | |
| Service department costs* | | 100,000 | |
| Direct labor: fringebenefits | | 99,000 | |
| Indirect labor: fringebenefits | | 30,000 | |
| Fringe benefits for productionsupervisor | | 11,000 | |
| Total overtime premiumspaid | | 55,000 | |
| Cost of idle time: productionemployees§ | | 40,000 | |
| Administrative costs | | 150,000 | |
| Rental of office space for salespersonnel†| | 15,000 | |
| Sales commissions | | 6,000 | |
| Product promotion costs | | 10,000 | |
|
*All services are provided to manufacturing departments.
§Cost of idle time is an overhead item; it is not included inthe direct-labor wages given above.
The rental of sales space was made necessary when the salesoffices were converted to storage space for raw material.
Compute each of the following costs for the year just ended
a.Total prime cost
Total manufacturing overhead costs
Total conversion costs
Totalproduct costs
Totalperiod costs
