Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. Direct materials cost was $42,000, direct labor cost was $25,000, and manufacturing overhead was $62,000. Selling expense was $21,000 and administrative expense was $38,000.The prime cost for November was:
A) $79,000
B) $59,000
C) $67,000
D) $87,000

Question

Quizplus · Accepted Answer

The Answer of Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. Direct materials cost was $42,000, direct labor cost was $25,000, and manufacturing overhead was $62,000. Selling expense was $21,000 and administrative expense was $38,000.The prime cost for November was:
A) $79,000
B) $59,000
C) $67,000
D) $87,000

Management of Mcgibboney Corporation Has Asked Your Help as an Intern