1. During January, Sophie Toys expects to produce 2,000 toys. The following are needed to make one toy:

Wood (direct materials): 2 board feet at $3 per foot

Metal (direct materials): $3 per toy

Direct labor: 1 hour at $16 per hour

Manufacturing overhead is applied at a rate of $4 per direct labor hour.

What is Sophies budgeted TOTAL MANUFACTURING COST for January?

a. $52,000

b.$58,000

c.$50,000

d. $64,000