The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer: Required: 1. Compute each of the following costs for the year just

The following cost data for the year just ended pertain to Sentiments, Inc., a greeting card manufacturer:
Required:
1. Compute each of the following costs for the year just ended: (a) total prime costs, (b) total manufacturing overhead costs, (c) total conversion costs, (d) total product costs, and (e) total period costs.
2. One of the costs listed above is an opportunity cost. Identify this cost, and explain why it is an opportunity cost.

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