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What is the total period costs incurred for this


Hanover Corp. obtained the following information from its absorption costing accounting records:

  • Operating Income = $24,000
  • Total Product Costs Incurred During The Period = $16,000
  • Value of Beginning Work-In-Process and Finished Goods Inventories = $0
  • Value of Ending Work-In-Process and Finished Goods Inventories = $0
  • Sales = $50,000

What is the total period costs incurred for this period?

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Business Management: What is the total period costs incurred for this
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