The following costs were incurred in September: Factory supplies

Accounting Nov 05, 2020

The following costs were incurred in September: Factory supplies............ Administrative wages and salaries........ Direct materials.. Sales staff salaries.. Factory depreciation......... Corporate headquarter building rent... Indirect labor.... Advertising Direct labor..... .$5,000 ..$90,000 $153,000 $45,000 .$49,000 .$34,000 $32,000 $103,000 .$61,000 What are the total period costs for the year? A None of the options are correct B $272,000 C) $218,000 D $184,000

Expert Solution

Period cost are any cost which a company incurs that are not directly related to the production process. Like selling cost , administration cost

Period cost

Administrative wages and salaries. $90000

Sales staff salaries. $45000

Corporate headquarters building rent. $34000

Advertising $103000

Total $272000

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