(Answered) Hanover corp obtained the following information from its

Management Studies

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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