Question - ABC Company's accounting records for 2019 indicated the following costs had been incurred:
Direct materials purchased $124,000
Depreciation, factory equipment 30,000
Direct labor 97,000
Utilities 18,000
Sales commissions 65,000
Indirect materials 25,000
Depreciation, office equipment 17,000
Production supervisor's salary 76,000
Advertising 61,000
60% of the utilities relate to the factory while 40% of the utilities relate to the general office building. Calculate the total period costs incurred during 2019.