Figure 2-1. Concam Inc.manufactures television sets.Last month direct materials (electronic components,etc.) costing $500,000 were put into production.Direct labor of $800,000 was incurred,overhead equaled $450,000,and selling and administrative costs totaled $360,000.The company manufactured 8,000 television sets during the month.Assume that there were no beginning or ending work in process balances.
Refer to Figure 2-1.The total product costs for last month were:
A) $1,750,000
B) $2,110,000
C) $1,300,000
D) $1,250,000
Correct Answer:
Verified
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