borrowing cash from PNC Bank tion of property, plant, and equipment (long-term for ca d. recording a gain on the disposal of a long-term set 15. Elton, Inc. sells goods for $547,000 sales revenue, realizing a net income of $5 month ending on January 31, 2022. Elton manufactured the products that it sold in January 2 incurring the following costs: Direct Materials (DM) cost, $93,000, Direct Labor (D) $78,000; and Factory Overhead (FO) cost $39,000. Elton's gross profit during January 1922 was $267,000 b. $490,000 6 $364,000 d. $337,000 16. Refer to the data in question 15 above. Elton's total period costs during January 2022 were a. $490,000 b. $280,000 c. $337,000 d. $267,000 17. Which one of the following is an example of a period cost? a. Health benefits cost for direct laborers who work in Toyota's Buffalo, NY auto assembly plant b. An accounting manager's salary for work that is done in the corporate head office Packaging costs for Conagra, Inc.'s processed food products C. d. Workers' compensation insurance based on factory workers' wages charged to direct labor cost