Question

Martinez Manufacturing Inc. showed the following costs for last month:

Direct materials $7,000
Direct labor $3,000
Manufacturing overhead $2,000
Selling expense $8,000
Last month 4,000 units were produced and sold.

What is total product cost for last month?

Answer 1

$12,000

Step-by-step explanation:

The total product cost for artinez Manufacturing Inc. can be determined using the following formula:

Direct materials $7,000

Direct labor $3,000

Manufacturing overhead $2,000

Total product cost for last month $12,000