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Business, 19.03.2021 16:10 lilque6112

Information from the records of the Abel Corporation for July 2018 was as follows: Sales $1,230,000
Selling and administrative expenses 210,000
Direct materials used 264,000
Direct labor 300,000
Factory overhead * 405,000
*variable overhead is $205,000, fixed overhead is $200,000
Inventories
July 1, 2018 July 31, 2018
Direct materials $36,000 $42,000
Work in process 75,000 84,000
Finished goods 69,000 57,000
The total product cost is:.
a. $969,000
b. $1,179,000
c. $764,000
d. $615,000

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