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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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