Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781305961883
Author: Carl Warren
Publisher: Cengage Learning
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Transcribed Image Text:The accounting records of Summit Enterprises revealed the following selected costs: Sales commissions,
$50,000; depreciation on factory equipment, $130,000; and administrative expenses, $140,000. What is
Summit Enterprises' period costs total? The accounting records of Evergreen Corporations revealed the
following selected costs: Sales commissions, $72,000; depreciation on office building, $90,000; and
administrative expenses, $160,000. What is Evergreen Corporations' period costs total? The accounting
records of Blue Horizon Ltd. revealed the following selected costs: Sales commissions, $45,000;
advertising expenses, $100,000; and administrative expenses, $155,000. What is Blue Horizon Ltd.'s
period costs total? The accounting records of Mountain Ridge Inc. revealed the following selected costs:
Sales commissions, $60,000; insurance on factory machinery, $75,000; and administrative expenses,
$180,000. What is Mountain Ridge Inc.'s period costs total? The accounting records of Sunset Holdings
revealed the following selected costs: Sales commissions, $85,000; office supplies expenses, $35,000;
and administrative expenses, $190,000. What is Sunset Holdings' period costs total?
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