During the Month of January, Marcos & Henesey, Inc

question 147

Multiple Choice

During the month of January, Marcos & Henesey, Inc. had total manufacturing costs of $165,000. It incurred $62,000 of direct labor cost and $40,000 of manufacturing overhead cost during the month. If the materials inventory on January 1 was $5,800 less than the materials inventory on January 31, what was the cost of materials purchased during the month?

• A)$53,650
• B)$68,800
• C)$58,000
• D)$93,800

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