The Peterson Company Incurred the Following Costs in the Month

question 64

Multiple Choice

The Peterson Company incurred the following costs in the month of May: $$\begin{array} { l l } \text { Direct materials purchased } & \$ 12,000 \\\text { Commissions paid to salespeople } & \$ 5,000 \\\text { Direct labor paid } & \$ 9,000 \\\text { Manufacturing plant utility costs } & \$ 19,000 \\\text { Advertising costs } & \$ 2,000\end{array}$$ The company's product costs total:

• A)$45,000
• B)$47,000
• C)$40,000
• D)$42,000

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