Question: structions Carefully read each question and answer in the spaces provides Q4. XYZ Company reported the following costs Company reported the following costs and expenses

structions Carefully read each question and answer in the spaces provides Q4. XYZ Company reported the following costs Company reported the following costs and expenses for May 2018: (12 marks) Direct materials ... Direct labor.... Manufacturing overhead .... Selling expenses..... Administrative expenses... $70,000 $25,000 $14,000 $12.000 $26,000 Required: Calculate the following (Show formula and solutions). 1. Total amount of period costs: (3marks) 2. Total amount of conversion costs? (3marks) Total amount of prime costs? (3marks) END OF SECTION ONE

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