Yang Corporation recently computed total product costs of $567,000 and total period costs of $420,000, excluding $35,000 of sales commissions that were overlooked by the company's administrative assistant. On the basis of this information, Yang's income statement should reveal operating expenses of:
A) $35,000.
B) $420,000.
C) $455,000.
D) $567,000.
E) $602,000.

Question

Quizplus · Accepted Answer

The Answer is C

Yang Corporation Recently Computed Total Product Costs of $567,000 and Total