Question

Lettman Corporation has provided the following partial listing of costs incurred during November: Marketing salaries $ 51,600 Property taxes, factory $ 15,100 Administrative travel $ 101,600 Sales commissions $ 56,500 Indirect labor $ 45,400 Direct materials $ 170,500 Advertising $ 141,600 Depreciation of production equipment $ 43,400 Direct labor $ 90,900. What is the total amount of product cost listed above?

Answer 1

The total amount of product cost listed above is $306,800.

Step-by-step explanation:

The total amount of product costs listed above can be calculated by summing up the costs of direct materials, direct labor, and indirect labor:

1. Direct materials: $170,500
2. Direct labor: $90,900
3. Indirect labor: $45,400

To find the total amount of product cost, add these three costs together: $170,500 + $90,900 + $45,400 = $306,800.