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9:04 practice questions - Read-only OHE . . . Read Only - You can't save changes to this file. V fx V A B C E F G H J K The following cost data pertains to ABC Company for the month of December: Direct material used in production $210,000 Depreciation for factory building 11,500 Direct labor wages 58,000 Cost of finished goods, inventory at year-end 11,500 Indirect labor - wages 17,000 Production supervisor's salary 5,400 Product promotion costs 9,900 Service department costs for manufacturing 10,000 Sales commissions 500 Administrative costs 15,000 Rental of sales office space 1,500 Required: a) Compute the total prime costs. 25 26 28 29 30 b) Compute the total manufacturing overhead costs. 33 34 35 36 37 38 39 40 c ) Compute the total conversion costs. 41 42 43 44 45 46 47 48 49 Compute the total product costs. 50 d) 54 55 59 e) Compute the total period costs. 60 63 64 65 66 67 68 f) One of the costs listed above is a sunk cost. Identify this cost and explain why it is a sunk cost. (3 Marks concept and 2 Marks Communication) 75 76 77 78 OO 79 80 81 O O