The Putney Company reports the following information: …
The Putney Company reports the following information: Sales $76,500 Cost of direct materials used in production $7,300 Depreciation on factory equipment $4,700 Indirect labor $5,900 Direct labor $10,500 Factory rent $4,200 Factory utilities $1,200 Sales salaries expense $15,600 Office salaries expense $8,900 Indirect materials $1,200 What are the Product costs and Period costs?