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What would be the period costs

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Reference no: EM132472809

Question 1: What would be the period costs for this information

point 1. Acquired $30,000 of Capital from owners.

point 2. Paid $10,000 for all material used in starting and completing 50 products this period.

point 3. Paid $6,000 for administrative salaries.

point 4. Paid $8,000 for wages of production workers.

point 5. Depreciation of office furniture $2,500.

point 6. Depreciation of manufacturing equipment $3,500.

point 7. Collected $28,000 in cash for all sales made during the period.

Reference no: EM132472809

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