Knight Company reports the following costs and expenses in May. Factory utilities $17,256 Depreciation on factory equipment $12,908 Depreciation on delivery trucks $4,025 Indirect factory labor $53,079 Indirect materials $84,719 Direct materials used $142,670 Factory manager's salary $8,399 Direct labor $72,344 Sales salaries $49,163 Property taxes on factory building $3,381 Repairs to office equipment $1,614 Factory repairs $2,617 Advertising $15,734 Office supplies used $3,274 From the information, determine the total amount of period costs.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Knight Company reports the following costs and expenses in May.

Factory utilities $17,256

Depreciation on factory equipment $12,908

Depreciation on delivery trucks $4,025

Indirect factory labor $53,079

Indirect materials $84,719

Direct materials used $142,670

Factory manager's salary $8,399

Direct labor $72,344

Sales salaries $49,163

Property taxes on factory building $3,381

Repairs to office equipment $1,614

Factory repairs $2,617

Advertising $15,734

Office supplies used $3,274

From the information, determine the total amount of period costs.

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