The accounting records of The Drake Inc. report the following costs: Chief Executive Officer's Salary $200,000

Factory Manager's Salary 45,000

Wages, Administrative Office Staff 40,000 Wages,

Factory Line Workers 100,000

Rent, Administrative Office 25,000 Rent

Rent, Factory Building 30,000

Direct Materials 50,000 Depreciation,

Administrative Office Furniture 15,000 Compute the total amount of period costs for The Drake Inc.

Compute the total amount of period costs for The Drake Inc.