The Putney Company Reports the Following Information Compute:
A) Product Costs
B) Period Costs

The Putney Company reports the following information: $$\begin{array} { | l | l | } \hline \text { Sales } & \$ 76,500 \\\hline \text { Direct materials used } & 7,300 \\\hline \text { Depreciati on on factory equipment } & 4,700 \\\hline \text { Indirect labor } & 5,900 \\\hline \text { Direct labor } & 10,500 \\\hline \text { Factory rent } & 4,200 \\\hline \text { Factory utilities } & 1,200 \\\hline \text { Sales salaries expense } & 15,600 \\\hline \text { Office salaries expense } & 8,900 \\\hline \text { Indirect materials } & 1,200 \\\hline\end{array}$$ Compute:
a) product costs
b) period costs