Steuben Company produces dog houses. During the current year, Steuben Company Incurred the following costs:Rent on manufacturing facilityOffice manager's salaryWages of factory machine operatorsDepreciation on manufacturing equipmentMultiple ChoiceInsurance and taxes on selling and administrative officesDirect materials purchased and usedBased on the above information, the amount of perlod costs shown on Steuben's Income statement is:O$18,000$96,000$224,000$ 128,00078,00058,000$78,00028,00018,00088,000

Solution.. Periods cost are the costs which are not related to the product. Here, Rent on…

Steuben Company produces dog houses. During the current year, Steuben Company Incurred the following costs: Rent on manufacturing facility Office manager's salary Wages of factory machine operators Depreciation on manufacturing equipment Insurance and taxes on selling and administrative offices Direct materials purchased and used Based on the above Information, the amount of period costs shown on Steuben's Income statement is: Multiple Choice ο ο ο ο $18,000 $96.000 $224,000 $78.000 $ 128,000 78,000 58,000 28,000 18,000 88,000

Steuben Company produces dog houses. During the current year, Steuben Company Incurred the following costs: Rent on manufacturing facility Office manager's salary Wages of factory machine operators Depreciation on manufacturing equipment Insurance and taxes on selling and administrative offices Direct materials purchased and used Based on the above Information, the amount of period costs shown on Steuben's Income statement is: Multiple Choice ο ο ο ο $18,000 $96.000 $224,000 $78.000 $ 128,000 78,000 58,000 28,000 18,000 88,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 16MC: An example of an uncontrollable cost would include all of the following except______. A. real estate...

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