Canada Manufacturing reported the following:

Revenue

$450,000

Beginning inventory of direct materials, January 1, 2020

20,000

Purchases of direct materials

156,000

Ending inventory of direct materials, December 31, 2020

18,000

Direct manufacturing labor

21,000

Indirect manufacturing costs

42,000

Beginning inventory of finished goods, January 1, 2020

40,000

Cost of goods manufactured

114,000

Ending inventory of finished goods, December 31, 2020

45,000

Operating costs

175,000

How much of the above would be considered period costs for Canada Manufacturing

How much of t

Select one:

a. $175,000

b. $104,000

c. $140,000

d. None of the options

e. $147,000