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Calculate the total period costs

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Question - ABC Company's accounting records for 2019 indicated the following costs had been incurred:

Direct materials purchased $124,000

Depreciation, factory equipment 30,000

Direct labor 97,000

Utilities 18,000

Sales commissions 65,000

Indirect materials 25,000

Depreciation, office equipment 17,000

Production supervisor's salary 76,000

Advertising 61,000

60% of the utilities relate to the factory while 40% of the utilities relate to the general office building. Calculate the total period costs incurred during 2019.

Reference no: EM132068005

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