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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.:  Advertising Costs $11,600 Indirect Labor 8,000 CEO’s Salary 470,000 Direct Labor 53,000 Indirect Materials Used 8,000 Direct Materials Used 390,000 Factory Utilities 840 Factory Janitorial Costs 1,000 Manufacturing Equipment Depreciation 1,700 Delivery Vehicle Depreciation 2,110 Administrative Wages and Salaries 22,300\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?


Definitions:

Result-Based

An approach that focuses on achieving specific outcomes or results rather than the process used to achieve them.

Trait-Based

An approach focusing on specific, identifiable qualities or characteristics that can predict behavior and performance.

Focal-Point Review

A performance appraisal method focusing on critical accountability and major achievements over a specified period, rather than routine duties.

Productivity Cycles

Periodic fluctuations in productivity levels within an organization or economy, influenced by various factors including market demands and workforce morale.

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