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Steele Company produces inexpensive camping and outdoor grills. During 2012, Steele Company incurred the following costs: Rent on manufacturing facility $134,000 Office manager's salary $84,000

Steele Company produces inexpensive camping and outdoor grills. During 2012, Steele Company incurred the following costs:

Rent on manufacturing facility $134,000
Office manager's salary $84,000
Wages of factory machine operators $64,000
Depreciation on manufacturing equipment $34,000
Insurance and Property Taxes on selling & administrative offices $24,000
Direct materials purchased and used $94,000

Based on the above information, the amount of period costs shown on Steeles 12/31/2012 income statement is:

$242,000

$24,000

$84,000

$108,000

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