Shelp Corporation has provided the following information: For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is closest to:

A) $33,000
B) $9,000
C) $40,500
D) $49,500

Period Costs

Expenses that are incurred on a regular basis and are not directly tied to the production process, such as selling, general, and administrative expenses.

Financial Reporting

The process of disclosing financial information and statements to management, investors, and regulators to reflect a company's financial performance and position.

Units Sold

The total number of product units that have been sold during a specific time period.