Question 6 Michael Manufacturing Company had the following account balances for the quarter ending March 31, unless otherwise noted: $ 140,400 Work-in-Process Inventory (January 1) 171.000 Work-in-Process Inventory (March 31) Finished Goods Inventory (January 1) 540,000 Finished Goods Inventory (March 31) 510,000 Direct Materials Used 420,000 Indirect Materials Used 84.000 Direct Manufacturing Labor 480,000 Indirect Manufacturing Labor 186,000 Property Taxes on Manufacturing Plant Building 28,800 Salespersons' Company Vehicle Costs 12,000 Depreciation of Manufacturing Equipment 264.000 Depreciation of Office Equipment 123,600 Miscellaneous Plant Overhead 135,000 Plant Utilities 92,400 General Office Expenses Marketing Distribution Costs 28,800 30,000 84,000 480.000 186,000 28,800 12,000 Indirect Materials Used Direct Manufacturing Labor Indirect Manufacturing Labor Property Taxes on Manufacturing Plant Building Salespersons' Company Vehicle Costs Depreciation of Manufacturing Equipment Depreciation of Office Equipment Miscellaneous Plant Overhead Plant Utilities 264,000 123,600 135,000 92.400 28,800 30,000 General Office Expenses Marketing Distribution Costs Calculate the amount of period cost. $165 600 $164,400 $194400 $471.000