Caroline Company reports the following costs and expenses in May. Factory utilities $11,500 Depreciation on factory equipment $12,650 Depreciation on delivery truck $3,800 Indirect factory labor $48,900 Indirect materials $80,800 Direct materials used $137,600 Factory manager's salary $8,000 Direct labor $69,100 Sales salaries $46,400 Property taxes on factory building $2,500 Repairs to office equipment $1,300 Factory repairs $2,000 Advertising $18,000 Office supplies used $2,640 From the information above, determine the total amount of period costs.
Caroline Company reports the following costs and expenses in May. Factory utilities $11,500 Depreciation on factory equipment $12,650 Depreciation on delivery truck $3,800 Indirect factory labor $48,900 Indirect materials $80,800 Direct materials used $137,600 Factory manager's salary $8,000 Direct labor $69,100 Sales salaries $46,400 Property taxes on factory building $2,500 Repairs to office equipment $1,300 Factory repairs $2,000 Advertising $18,000 Office supplies used $2,640 From the information above, determine the total amount of period costs.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Caroline Company reports the following costs and expenses in May.
Factory utilities $11,500
Depreciation on delivery truck $3,800
Indirect factory labor $48,900
Indirect materials $80,800
Direct materials used $137,600
Factory manager's salary $8,000
Direct labor $69,100
Sales salaries $46,400
Property taxes on factory building $2,500
Repairs to office equipment $1,300
Factory repairs $2,000
Advertising $18,000
Office supplies used $2,640
From the information above, determine the total amount of period costs.
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