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Question
The following information was obtained from Fizz Company:
Advertising costs: $9,900
Indirect labor: $11,000
CEO's salary: $49,000
Direct Labor: $41,000
Indirect materials: $7,900
Direct materials: $61,000
Factory utilities: $700
Factory janitorial costs: $2,300
Manufacturing equipment depreciation: $2,100
Delivery vehicle depreciation: $1,100
Administrative wages and salaries: $21,000
How much were Fizz's inventoriable product costs?
A) $126,000
B) $104,100
C) $127,100
D) $115,000
Answer
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