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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