Figure 2-5. In July,Econo Company purchased materials costing $21,000 and incurred direct labor cost of $18,000.Overhead totaled $32,000 for the month.Information on inventories was as follows:
Refer to Figure 2-5.What were the total manufacturing costs in July?
A) $71,000
B) $50,000
C) $69,600
D) $70,100
Correct Answer:
Verified
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