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The Following Information Relates to Wagner,Inc How Much Were Wagner's Period Costs?
A) $87,700
B) $21,700

Question 124

Multiple Choice

The following information relates to Wagner,Inc.:  Advertising Costs $10,600 Administrative Salaries 17,600 Delivery Vehicle Depreciation 1300 Factory Repair and Maintenance 200 Indirect Labor 10,500 Indirect Materials 10,000 Manufacturing Equipment Depreciation 1000 Office Rent 51,000 President’s Salary 2500 Sales Revenue 530,000 Sales Salary 4700\begin{array} { | l | r | } \hline \text { Advertising Costs } & \$ 10,600 \\\hline \text { Administrative Salaries } & 17,600 \\\hline \text { Delivery Vehicle Depreciation } & 1300 \\\hline \text { Factory Repair and Maintenance } & 200 \\\hline \text { Indirect Labor } & 10,500 \\\hline \text { Indirect Materials } & 10,000 \\\hline \text { Manufacturing Equipment Depreciation } & 1000 \\\hline \text { Office Rent } & 51,000 \\\hline \text { President's Salary } & 2500 \\\hline \text { Sales Revenue } & 530,000 \\\hline \text { Sales Salary } & 4700 \\\hline\end{array} How much were Wagner's period costs?


A) $87,700
B) $21,700
C) $534,700
D) $7200

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