Question 13 (2 points) Smith Company manufactures furniture at its Timmins, Ontario, factory. Some of its costs from the past year include: Depreciation on sales office $11,000 Depreciation on factory equipment $16,000 Factory supervisor salary $52,500 Sales commissions $23,000 Lubricants used in factory equipment $3,000 Insurance costs for factory $21,000 Wages paid to maintenance workers $115,000 Fabric used to upholster furniture $7,000 Freight-in (on raw materials) $2,500 Costs of delivery to customers $9,000 Wages paid to assembly-line workers $132,500 Lumber used to build product $72,000 Utilities in factory $44,500 Utilities in sales office $36,500 Period costs for Smith Company totaled $69,500 $121,000 $79,500 $70,500