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Question
Putney Company reports the following information:
| Sales | $76,500 |
| Cost of direct materials used in production | 7,300 |
| Depreciation on factory equipment | 4,700 |
| Indirect labor | 5,900 |
| Direct labor | 10,500 |
| Factory rent | 4,200 |
| Factory utilities | 1,200 |
| Sales salaries expense | 15,600 |
| Office salaries expense | 8,900 |
| Indirect materials | 1,200 |
Compute:
a. Product costs
b. Period costs
Answer
This answer is hidden. It contains 108 characters.
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