The level of inventory of a manufactured product has increas…

The level of inventory of a manufactured product has increased by 8,477 units during a period. The following data are also available: Variable Fixed Unit manufacturing costs of the period $13 $4 Unit operating expenses of the period $2 $5   What would be the effect on income from operations if absorption costing is used rather than variable costing?

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?