Consider the following costs incurred in a recent period:

Direct materials 33000
Depreciation on factory equipment 12000
Factory janitor's salary 23000
Direct labour 28000
Utilities for factory 9000
Selling expenses 16000
Production supervisor's salary 34000
Administrative expenses 21000

What was the total amount of the period costs listed above for the period

1 answer

Total period costs = Direct materials + Depreciation on factory equipment + Factory janitor's salary + Direct labour + Utilities for factory + Selling expenses + Production supervisor's salary + Administrative expenses

Total period costs = 33000 + 12000 + 23000 + 28000 + 9000 + 16000 + 34000 + 21000
Total period costs = 158,000

The total amount of period costs for the period was $158,000.