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The Following Information Relates to Wagner,Inc How Much Were Wagner's Period Costs?
A) $87,700
B) $21,700

question 124

Multiple Choice

The following information relates to Wagner,Inc.:  Advertising Costs $10,600 Administrative Salaries 17,600 Delivery Vehicle Depreciation 1300 Factory Repair and Maintenance 200 Indirect Labor 10,500 Indirect Materials 10,000 Manufacturing Equipment Depreciation 1000 Office Rent 51,000 President’s Salary 2500 Sales Revenue 530,000 Sales Salary 4700\begin{array} { | l | r | } \hline \text { Advertising Costs } & \$ 10,600 \\\hline \text { Administrative Salaries } & 17,600 \\\hline \text { Delivery Vehicle Depreciation } & 1300 \\\hline \text { Factory Repair and Maintenance } & 200 \\\hline \text { Indirect Labor } & 10,500 \\\hline \text { Indirect Materials } & 10,000 \\\hline \text { Manufacturing Equipment Depreciation } & 1000 \\\hline \text { Office Rent } & 51,000 \\\hline \text { President's Salary } & 2500 \\\hline \text { Sales Revenue } & 530,000 \\\hline \text { Sales Salary } & 4700 \\\hline\end{array} How much were Wagner's period costs?

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Definitions:

Legal Issues

Disputes or matters that require resolution through the legal system, involving laws, regulations, and judicial decisions.

Labour Shortages

A situation in the labor market where the demand for workers surpasses the supply, leading to difficulties in finding suitable employees for open positions.

Corporate Strategies

Long-term plans made by a company to achieve competitive advantage and successfully operate in the market.

Human Resource Specialists

Professionals responsible for recruiting, screening, interviewing, and placing workers, as well as handling employee relations, payroll, benefits, and training.

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