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The Darwin Company reports the following information: Sales Direct materials used $76,500 $7,300 Depreciation on factory equipment |$4,700 Indirect labor $5,900 Direct labor $10,500 Factory rent $4,200 Factory utilities $1,200 Sales salaries expense $15,600 Office salaries expense $8,900 Indirect materials $1,200 How much the Period costs are: a. $35,000 b. $24,500 c. $29,200 d. $30,300

The Darwin Company reports the following information: Sales Direct materials used $76,500 $7,300 Depreciation on factory equipment |$4,700 Indirect labor $5,900 Direct labor $10,500 Factory rent $4,200 Factory utilities $1,200 Sales salaries expense $15,600 Office salaries expense $8,900 Indirect materials $1,200 How much the Period costs are: a. $35,000 b. $24,500 c. $29,200 d. $30,300

FINANCIAL ACCOUNTING
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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The Darwin Company reports the following information: Sales Direct materials used $76,500 $7,300 Depreciation on factory equipment |$4,700 Indirect labor $5,900 Direct labor $10,500 Factory rent $4,200 Factory utilities $1,200 Sales salaries expense $15,600 Office salaries expense $8,900 Indirect materials $1,200 How much the Period costs are: a. $35,000 b. $24,500 c. $29,200 d. $30,300
Transcribed Image Text:The Darwin Company reports the following information: Sales Direct materials used $76,500 $7,300 Depreciation on factory equipment |$4,700 Indirect labor $5,900 Direct labor $10,500 Factory rent $4,200 Factory utilities $1,200 Sales salaries expense $15,600 Office salaries expense $8,900 Indirect materials $1,200 How much the Period costs are: a. $35,000 b. $24,500 c. $29,200 d. $30,300
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