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Sales $76,500 Direct materials used Depreciation on factory equipment 7,300 4,700 Indirect labor 5,900 10,500 4,200 1,200 Dir
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Answer #1

Direct materials used = $7,300

Direct labor = $10,500

Depreciation of factory equipment = $4,700

Indirect labor = $5,900

Factory rent = $4,200

Factory utilities = $1,200

Indirect materials = $1,200

Product cost are = Direct materials used+ Direct labor+ Depreciation of factory equipment+ Indirect labor+ Factory rent+ Factory utilities+ Indirect materials

= 7,300+10,500+4,700+5,900+4,200+1,200+1,200

= $35,000

Correct option is c.

Sales salaries expense and office salaries expense are period costs.

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