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Answer
Question 1 .a) 16100
Product cost includes all the costs incurred related to the manufacturing of the product .
Product Costs = 10,000+5000+1000+100
=16100
Note - As the rent was related to factory it is a product cost . Similarly depreciation on machinery is treated as a product cost .
Question 2) a)800
Period costs are general and administrative expenses not related to manufacturing .These include office equipment , office rent ,selling expenses etc.
Period costs
=750+50
=800
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