The Following Information Was Obtained from Fizz,Inc How Much Were Fizz's Period Costs?
A)$462,540
B)$506,010
C)$13,710
D)$503,900

question 155

Multiple Choice

The following information was obtained from Fizz,Inc.: $$\begin{array} { | l | r | } \hline \text { Advertising Costs } & \$ 11,600 \\\hline \text { Indirect Labor } & 8,000 \\\hline \text { CEO's Salary } & 470,000 \\\hline \text { Direct Labor } & 53,000 \\\hline \text { Indirect Materials Used } & 8,000 \\\hline \text { Direct Materials Used } & 390,000 \\\hline \text { Factory Utilities } & 840\\\hline \text { Factory Janitorial Costs } &1,000 \\\hline \text { Manufacturing Equipment Depreciation } & 1,700 \\\hline \text { Delivery Vehicle Depreciation } & 2,110\\\hline \text { Administrative Wages and Salaries } & 22,300\\\hline\end{array}$$ How much were Fizz's period costs?

• A)$462,540
• B)$506,010
• C)$13,710
• D)$503,900

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Definitions:

Principal

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Agency by Ratification

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Ratification Requirements

Key provisions that must be met for an agreement or treaty to be officially approved and adopted by the involved parties.

Ratification to Be Effective

The process through which formal validation or approval is given, making an agreement officially valid.