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Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs: Rent on manufacturing facility Office manager's salary Wages of factory
Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs: Rent on manufacturing facility Office manager's salary Wages of factory machine operators Depreciation on manufacturing equipment Insurance and taxes on selling and administrative offices Direct materials purchased and used $119,000 68,000 48,000 18,000 8,000 78,000 Based on the above information, the amount of period costs shown on Steuben's income statement is: Multiple Choice $195,000 $8,000 $68,000 $76,000
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