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The Following Information Was Obtained from Fizz Company -How Much Were Fizz's Period Costs?
A) $60,000
B) $81,000

question 37

Multiple Choice

The following information was obtained from Fizz Company:  Advertising Costs $9,900 Indirect Labor 11,000 CEO’s Salary 49,000 Direct Labor 41,000 Indirect Materials 7,900 Direct Materials Used 61,000 Factory Utilities 700 Factory Janitorial Costs 2,300 Manufacturing Equipment Depreciation 2,100 Delivery Vehicle Depreciation 1,100 Administrative Wages and Salaries 21,000\begin{array} { | l | r | } \hline \text { Advertising Costs } & \$ 9,900 \\\hline \text { Indirect Labor } & 11,000 \\\hline \text { CEO's Salary } & 49,000 \\\hline \text { Direct Labor } & 41,000 \\\hline \text { Indirect Materials } & 7,900 \\\hline \text { Direct Materials Used } & 61,000 \\\hline \text { Factory Utilities } & 700 \\\hline \text { Factory Janitorial Costs } & 2,300 \\\hline \text { Manufacturing Equipment Depreciation } & 2,100 \\\hline \text { Delivery Vehicle Depreciation } & 1,100 \\\hline \text { Administrative Wages and Salaries } & 21,000 \\\hline\end{array}
-How much were Fizz's period costs?


Definitions:

Risk Premiums

The additional returns required by investors for taking on higher risk compared to a risk-free investment.

Maturity Risk

Refers to the risk associated with the length of time until the debt securities reach their date of maturity, affecting their price and interest rates.

Risk Premiums

The additional returns that an investor expects to receive from an investment to compensate them for higher risk.

Earning Power

An indication of a company's ability to generate profit from its operations, often used by investors to assess financial health.

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