Hanover Corp. obtained the following information from its absorption costing accounting records: Operating income = $24,000 Total product costs incurred during the period = $16,000 Value of beginning work-in-process and finished goods inventories = Value of ending work-in-process and finished goods inventories = $0 Sales = $50,000 What is the total period costs incurred for this period? $0

Hanover Corp. obtained the following information from its absorption costing accounting records: Operating income = $24,000 Total product costs incurred during the period = $16,000 Value of beginning work-in-process and finished goods inventories = Value of ending work-in-process and finished goods inventories = $0 Sales = $50,000 What is the total period costs incurred for this period? $0