Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: 
What is the total period cost for the month under the absorption costing?
Definitions:
Total Amount
The complete sum or quantity of something.
Price Floor
A price floor is a government-imposed minimum price set above the equilibrium price for a product or service, aimed to ensure producers receive a fair return.
Surplus
The situation in which the quantity of a good produced exceeds the quantity demanded, often leading to a decrease in prices.
Production
The method of producing products and services by merging work, materials, and technology.
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