CoEd Novelties manufactures key chains for college bookstores. During 2003, the company had the following costs: Direct Materials used Direct Labor Factory Rent Equipment Depreciation - Factory Equipment Depreciation - Office Marketing Expense Administrative Expense Php31,000.00 18,000.00 12,000.00 2,000.00 750.00 2,500.00 40,000.00 20,000 units produced were in 2003. What is the total period cost? Php42,500.00 Php45,250.00 Php40,000.00 Php43,250.00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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CoEd Novelties manufactures key chains for college bookstores. During
2003, the company had the following costs:
Direct Materials used
Direct Labor
Factory Rent
Equipment Depreciation - Factory
Equipment Depreciation - Office
Marketing Expense
Administrative Expense
Php31,000.00
18,000.00
12,000.00
2,000.00
750.00
2,500.00
40,000.00
20,000 units produced were in 2003. What is the total period cost?
Php42,500.00
Php45,250.00
Php40,000.00
Php43,250.00
Transcribed Image Text:CoEd Novelties manufactures key chains for college bookstores. During 2003, the company had the following costs: Direct Materials used Direct Labor Factory Rent Equipment Depreciation - Factory Equipment Depreciation - Office Marketing Expense Administrative Expense Php31,000.00 18,000.00 12,000.00 2,000.00 750.00 2,500.00 40,000.00 20,000 units produced were in 2003. What is the total period cost? Php42,500.00 Php45,250.00 Php40,000.00 Php43,250.00
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