A review of a Corporation’s accounting records for last year disclosed the following selected information:

<p><em><strong>Variable costs: </strong></em></p> <p><em><strong>Direct materials used $56,000 </strong></em></p> <p><em><strong>Direct labor179,100 </strong></em></p> <p><em><strong>Manufacturing overhead154,000 </strong></em></p> <p><em><strong>Selling costs108,400 </strong></em></p> <p><em><strong>Fixed costs: </strong></em></p> <p><em><strong>Manufacturing overhead267,000 </strong></em></p> <p><em><strong>Selling costs121,000 </strong></em></p> <p><em><strong>Administrative costs235,900 </strong></em></p> <p><em><strong>In addition, the company suffered a $27,700 uninsured factory fire loss during the year. </strong></em></p> <p><em><strong>What were the product costs and period costs for last year? </strong></em></p> <p><em><strong>Product        Period</strong></em></p> <p><em><strong>A. $235,100   $914,000</strong></em></p> <p><em><strong>B. $497,500   $651,600</strong></em></p> <p><em><strong>C. $656,100   $493,000</strong></em></p> <p><em><strong>D.$683800      $465300</strong></em></p>