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Total product costs incurred during the period 48000 what

Question - Lebanon Corp. obtained the following information from its absorption costing accounting records:

Operating Income = $59,000

Total Product Costs incurred during the period = $48,000

Value of Beginning Work-in-Process and Finished Goods Inventories = $0

Value of Ending Work-in-Process and Finished Goods Inventories = $0

Sales = $126,000

What are the total Period Costs incurred this period?

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Accounting Basics: Total product costs incurred during the period 48000 what

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Accounting Basics: Total product costs incurred during the period 48000 what

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