Comfy Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include:$11,000$16,000Depreciation on sales officeDepreciation on factory equipmentFactory supervisor salarySales commissionsLubricants used in factory equipmentInsurance costs for factoryWages paid to maintenance workersFabric used to upholster furnitureFreight-in (on raw materials)Costs of delivery to customersWages paid to assembly-lineworkersLumber used to build product$52,500$23,000$3,000$21,000$115,000A. $121,000.B. $43,000.OC. $46,500,OD. $69,500.$7,000$2,500$9,000$132,500$72,000$44,000$26,500Utilities in factoryUtilities in sales officePeriod costs for Comfy Furniture Company totaled:C***

The period costs are the costs that are not related to production process. The selling and…

omfy Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include: epreciation on sales office epreciation on factory equipment actory supervisor salary ales commissions ubricants used in factory equipment msurance costs for factory Vages paid to maintenance workers abric used to upholster furniture reight-in (on raw materials) Costs of delivery to customers Vages paid to assembly-line workers umber used to build product $11,000 $16,000 $52,500 $23,000 $3,000 $21,000 $115,000 $7,000 A. $121,000. B. $43,000. OC. $46,500. OD. $69,500. $2,500 $9,000 $132,500 $72,000 $44,000 $26,500 Utilities in factory Utilities in sales office "eriod costs for Comfy Furniture Company totaled:

omfy Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include: epreciation on sales office epreciation on factory equipment actory supervisor salary ales commissions ubricants used in factory equipment msurance costs for factory Vages paid to maintenance workers abric used to upholster furniture reight-in (on raw materials) Costs of delivery to customers Vages paid to assembly-line workers umber used to build product $11,000 $16,000 $52,500 $23,000 $3,000 $21,000 $115,000 $7,000 A. $121,000. B. $43,000. OC. $46,500. OD. $69,500. $2,500 $9,000 $132,500 $72,000 $44,000 $26,500 Utilities in factory Utilities in sales office "eriod costs for Comfy Furniture Company totaled:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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