Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. lands' end is operating in the

Part of the lands' end business model includes purchasing products and then selling them again without any reprocessing. Lands' end is operating in the reseller market.
This company doesn't use the goods it has bought - it just sells it again to another company so as to get some profit.

1.Product cost= 778100

2.Period cost = 393700

3. Product cost= 828300

4. Period cost= 368300

Explanation:

1. Total manufacturing cost per unit =

Direct material cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit.

                  =  8.90 + 5.90 + 3.40 + 6.90

                 = 25.1 per unit.

Product cost = units produced * cost per unit = 31000 * 25.1 = 778100

2. Period cost= units sold * ( Fixed and variable selling and administrative expense per unit+sales commission per unit)

               = 31000 * ( 5.40+ 4.40 +2.90)

              = 31000 * 12.7

             =   393700.

3. Product cost = units produced * product cost per unit = 33000* 25.1=

828300.

4.Period cost = units sold * ( Fixed & variable selling and administrative cost per unit.

          =   29000 * 12.7

        =   368300