Buckhorn Company's accounting records noted the following amounts for company payroll costs. What amount of payroll would be categorized as aperiod cost?Payroll Costs:Marketing director salaryFactory manager salaryCommissions paid to sales staffAdministrative personnel wagesWages of production workersMultiple ChoiceC$302,000$327,000$615,000$376,000$164,000$99,000$74,000$64,000$214,000< Prev.18 of 26MacBook AirNext >

PRODUCT COSTProduct Costs are those costs which are associated with the manufacturing of…

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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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Question

Buckhorn Company's accounting records noted the following amounts for company payroll costs. What amount of payroll would be categorized as a
period cost?
Payroll Costs:
Marketing director salary
Factory manager salary
Commissions paid to sales staff
Administrative personnel wages
Wages of production workers
Multiple Choice
C
$302,000
$327,000
$615,000
$376,000
$164,000
$99,000
$74,000
$64,000
$214,000
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