The accounting records of Reynolds Corporation revealed the

The accounting records of Reynolds Corporation revealed the following selected costs: Sales commissions, $67,000; plant supervision, $270,000; and administrative expenses, $192,000. Reynolds\'s period costs total:

Solution

period costs= Sales commissions + administrative expenses

                    = 67000 + 192000

                =$ 259000

plant supervision cost is not period cost.

The accounting records of Reynolds Corporation revealed the following selected costs: Sales commissions, $67,000; plant supervision, $270,000; and administrativ

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