Question 6 (This question has 7 items, (a), (b), (c), (d), (e), (n) and tol) (22+2 + 2+2+2+4-16 marks) The table below has the costs for a specific period: Cost Item Amount Direct labour $90,000 Direct material $80,000 Advertising 540,000 Factory supervision 550.000 Sales commissions 560,000 Depreciation, administrative office equipment $5,000 Indirect materials, factory $7,000 Depreciation, factory building $10,000 Administrative office supplies $3,000 Page 12 of 16 BUACC5953 Cost and Management Accounting Semester 1 2020 Required: (a) What is the total period cost? (2 marks) Total period cost-Sales commission Administrative office supplies+Depreciation Administrative office equipment+Advertisem =$ 60000-53000+55000-540000 = $108000 (b) What is the total direct product cost? (2 marks) Total direct product cost-Direct Material Direct Labour Manufacturing overhead including indirect material and indirect Labour-Factory supervision =$80000+590000-$7000+$10000 $50000 =1 (c) What is the total indirect product cost? (2 marks) Click or tap here to enter text. (d) From the cost items listed in the table above, list one indirect product cost which varies with the level of output. (2 marks) Click or tap here to enter text. (e) Under variable costing, what is the average unit product cost for the specific period? Consider that during this specific period 1,000 units of only one type of product were manufactured. (2 marks) Click or tap here to enter text. (f) Under absorption costing, what is the average unit product cost for the specific period? Consider that during this specific period 1,000 units of only one type of product were manufactured. (2 marks) Click or tap here to enter text. (g) What is the underlying difference and implication between variable and absorption costing product per unit? (4 marks)