Below are the costs for a dairy processing company for the month of July. What is the company’s total period costs?

Cost of milk purchased from local dairy farmers $500,000

Depreciation on the computer of the salesperson $300

Property tax on the dairy processing plant $10,000

Gasoline used to operate refrigerated trucks delivering finished dairy products to grocery stores $20,000

The CEO’s salary $90,000

Depreciation on refrigerated trucks used to collect raw milk from local dairy farmers $25,000

Plastic gallon containers in which milk is packaged $50,000

Research and development on improving milk pasteurization process $40,000

Radio advertising for the Company’s products $4,000

Wages paid to the machine operators the at dairy processing plant $35,000