1) Lettman Corporation has provided the following partial listing of costs incurred during November:        Marketing salaries $ 52,100  Property taxes, factory $ 12,400  Administrative travel $ 100,800  Sales commissions $ 52,800  Indirect labor $ 38,400  Direct materials $ 173,900  Advertising $ 139,900  Depreciation of production equipment $ 39,100  Direct labor $ 87,400 Required: a. What is the total amount of product cost listed above? (Omit the “$” sign in your response.)  Total product cost $   b.

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1) Lettman Corporation has provided the following partial listing of costs incurred during November:  ? ? ??  Marketing salaries?$?52,100   ??  Property taxes, factory?$?12,400   ??  Administrative travel?$?100,800   ??  Sales commissions?$?52,800   ??  Indirect labor?$?38,400   ??  Direct materials?$?173,900   ??  Advertising?$?139,900   ??  Depreciation of production equipment?$?39,100   ??  Direct labor?$?87,400   ?????Required: a.?What is the total amount of product cost listed above? (Omit the “$” sign in your response.)??   Total product cost?$  ?? b.?What is the total amount of period cost listed above? (Omit the “$” sign in your response.)??   Total period cost?$  ?? 2) Whitman Corporation, a merchandising company, reported sales of 10,600 units for May at a selling price of $750 per unit. The cost of goods sold (all variable) was $492 per unit and the variable selling expense was $55 per unit. The total fixed selling expense was $162,400. The variable administrative expense was $33 per unit and the total fixed administrative expense was $375,400.?? Required:??a.?Prepare a contribution format income statement for May. (Input all amounts as positive values. Omit the “$” sign in your response.)?? ?? Whitman Corporation?Income Statement??  ? ?$  ??  Variable expenses:? ? ??       ?$  ? ??       ? ? ??       ? ? ?? ????  ? ? ??  Fixed expenses:? ? ??       ? ? ??       ? ? ?? ? ???  ? ?$  ?? ? ? ???? b.?Prepare a traditional format income statement for May. (Input all amounts as positive values. Omit the “$” sign in your response.)??                                         Whitman Corporation?Income Statement??  ? ?$  ??  ? ? ?? ????  ? ? ??  Operating expenses:? ? ??       ?$  ? ??       ? ? ?? ? ???  ? ?$  ?? ? ? ????3) In October, Patnode Inc., a merchandising company, had sales of $373,000, selling expenses of $34,800, and administrative expenses of $42,400. The cost of merchandise purchased during the month was $268,600. The beginning balance in…

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