Question

A review of Plunkett Corporation's accounting records for last year disclosed the following selected information. Variable...

  1. A review of Plunkett Corporation's accounting records for last year disclosed the following selected information.

Variable Costs

Direct materials used              $ 56,000

Direct labor                             $179,000

Manufacturing overhead        $154,000

Selling costs                             $108,400

Fixed costs

Manufacturing overhead        $267,000

Selling costs                            $121,000

Administrative costs               $235,900

What were Plunkett's product/manufacturing costs and period/non-manufacturing costs for last year?

Question 27 options:

Product $235,100 Period $914,000

Product $497,500 Period $651,600

Product$656,000 Period $465,300

Product $683,800 Period $465,300
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