Costs and Expenses Direct Materials $42,000
Direct Labor $66,000
Variable Manu Overhead $28,000
Fixed Manu Overhead $20,000
Total Manu Overhead $48,000
Variable Selling Expense $11,000
Fixed Selling Expense $9,000
Total Selling Expense $20,000
Variable Administrative Expense $7,000
Fixed Administrative Expense $12,000
Total Administrative Expense $19,000
Product costs are equal to:.

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year