Batch 6. Assessment. The following costs have been accrued for ABC Company for the month. Direct labor $210000 Indirect labor 85000 Supervision 32000 Sales commission 40000 Sale Salaries 18000. Classify the following 1. period costs 2. product costs 3. fixed costs
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4. Conversion cost= OH+ DL the month.
5. VM cost= DM+DL+VOH
130000+140000+ 70000= 340000
6. Total V.C= DM+DL+VOH+Sales commission
= 130000+140000+ 70000+30000= 370000
1. CGS ( all figures are in thousands).