Kyanite Corporation, a manufacturer, reports costs for the year as follows
Direct Materials Used $735,000
Wages to Line Workers 510,000
Office Rent 26,000
Indirect Materials Used 700,000
How much is the total period costs for Kyanite?
A) $735,000
B) $510,000
C) $26,000
D) $700,000
C
You might also like to view...
Define discretionary income
What will be an ideal response?
Development costs incurred for purchasing equipment can be included as part of the cost of a natural resource
Indicate whether the statement is true or false
The issuance of common stock affects both paid-in capital and retained earnings
Indicate whether the statement is true or false
When property is transferred, the gift tax is based on
A. the transferor's original cost of the transferred property. B. the transferor's depreciated cost of the transferred property. C. replacement cost of the transferred property. D. fair market value on the date of transfer.