Final answer:
The total indirect costs incurred by the company in January were $450, which is the sum of utilities, equipment depreciation, and indirect labor costs.
Step-by-step explanation:
To calculate the total indirect costs incurred by the company in January, we simply add up all the indirect costs mentioned. The costs given are utilities ($100), equipment depreciation ($200), and indirect labor ($150).
Adding these amounts together:
- Utilities: $100
- Equipment Depreciation: $200
- Indirect Labor: $150
Total Indirect Costs = $100 + $200 + $150 = $450
Therefore, the total indirect costs incurred by the company in January were $450.
The company incurred the following indirect costs for January: utilities, $100; equipment depreciation $200, and indirect labor $150. What were the total indirect costs incurred by the company in January?