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Yang Corporation Recently Computed Total Product Costs of $567,000 and Total

Question 78

Multiple Choice

Yang Corporation recently computed total product costs of $567,000 and total period costs of $420,000, excluding $35,000 of sales commissions that were overlooked by the company's administrative assistant. On the basis of this information, Yang's income statement should reveal operating expenses of:


A) $35,000.
B) $420,000.
C) $455,000.
D) $567,000.
E) $602,000.

Correct Answer:

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