Question

Leonard Company has the following costs in its manufacturing company Factory rent $3,307 Direct labor 6,066...

Leonard Company has the following costs in its manufacturing company

Factory rent

$3,307

Direct labor

6,066

Indirect materials

749

Direct materials used

6,434

Sales commissions

2,535

Factory manager’s salary

2,401

Advertising

677


What are Leonard Company's period costs?

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Answer #1

Calculate period cost

Sales commission 2535
Advertising 677
Total period cost 3212
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