1) The following information relates to Chesapeake Inc.: Advertising Costs $10,270 Administrative Salaries 24,700 Delivery...
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Accounting
1) The following information relates to Chesapeake Inc.: Advertising Costs $10,270 Administrative Salaries 24,700 Delivery Vehicle Depreciation 1,027 Factory Repair and Maintenance 910 Indirect Labor 11,700 Indirect Materials 9,360 Manufacturing Equipment Depreciation 2,080 Office Rent 61,100 President's Salary 40,300 Sales Revenue 450,000 Sales Salary 4,500 How much were Chesapeake Inc.s period costs? A) $141,897 B) $474,050 C) $615,947 D) $61,503
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