Last Year Quest Company Incurred the Following Costs:
Quest Produced

question 101

Multiple Choice

Last year Quest Company incurred the following costs:
Quest produced and sold 2,000 units at a sales price of $125 each. Assume that beginning and ending inventories of materials, work in process, and finished goods were 0.
$$\begin{array} { l r } \text { Direct materials } & \$ 40,000 \\\text { Direct labour } & 60,000 \\\text { Overhead } & 90,000 \\\text { Selling expenses } & 24,000 \\\text { Administrative expenses } & 22,000\end{array}$$
-Refer to the Figure.What were the total product costs?

• A)$100,000
• B)$150,000
• C)$190,000
• D)$236,000

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