A partial listing of costs incurred during december at rooks corporation appears below: factory supplies $7,000 administrative wages and salaries $92,000 direct materials $176,000 sales staff salaries $32,000 factory depreciation $52,000 corporate headquarters building rent $47,000 indirect labor $23,000 marketing $136,000 direct labor $82,000 the total of the product costs listed above for december is:

Respuesta :

To solve add up all of the product costs which include, factory supplies, administrative wages and salaries, direct materials and sales staff salaries.

$7,000 + $92,000 + $176,000 + $32,000 = $307,000

Looking at the transactions that took place, the total of the product costs listed above for the month of December will be $307,000.

What is total product costs?

The product costs are the costs that are incurred since the beginning and till the end for producing a product. They include factory supplies, wages and salaries, direct materials as well as the sales staff salaries.

The computation of the total product costs using the given information will be,

Total Product Costs = Factory Supplies + Wages + Direct Materials + Staff Salary

Total Product Costs = 7000 + 92000 + 176000 + 32000

Total Product Costs = $307,000

Hence, the total product costs for the month of December are as given above.

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