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11 November, 17:23

Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs:

Rent on manufacturing facility $ 250,000

Office manager's salary 150,000

Wages of factory machine operators 110,000

Depreciation on manufacturing equipment 50,000

Insurance and taxes on selling and administrative offices 30,000

Direct materials purchased and used 170,000

Based on the above information, the amount of period costs shown on Steuben's income statement is:

A) $430,000

B) $150,000

C) $30,000

D) $180,000

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Answers (1)
  1. 11 November, 20:24
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    D) $180,000
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