ABC Company's accounting records for 2019 indicated the following costs had been incurred: Direct materials purchased
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Question:
ABC Company's accounting records for 2019 indicated the following costs had been incurred:
Direct materials purchased $124,000
Depreciation, factory equipment . 30,000
Direct labor 97,000
Utilities 18,000
Sales commissions 65,000
Indirect materials 25,000
Depreciation, office equipment 17,000
Production supervisor's salary . 76,000
Advertising 61,000
60% of the utilities relate to the factory while 40% of the utilities relate to the general office building. Calculate the total period costs incurred during 2019.
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
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