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Exercise 1-8(Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4] Required:...

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Accounting

Exercise 1-8(Algo) Product Costs and Period Costs; Variable and Fixed Costs [LO1-3, LO1-4]
Required:
1. For financial accounting purposes, what is the total amount of product costs incurred to make 20,250 units?
2. For financial accounting purposes, what is the total amount of period costs incurred to sell 20,250 units?
3. For financial accounting purposes, what is the total amount of product costs incurred to make 24,500 units?
4. For financial accounting purposes, what is the total amount of period costs incurred to sell 16,000 units?
(For all requirements, do not round intermediate calculations.)
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