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48. The prime cost for November was: A. $136.000 B. $60,000 Prime cast = ($105,000 D. $112,000 DL+ om Management of Megibbonev Corporation has asked

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48. The prime cost for November was: A. $136.000 B. $60,000 Prime cast = ($105,000 D. $112,000 DL+ om Management of Megibbonev Corporation has asked your help as an intern in preparing some key reports for November. The beginning balance in the raw materials inventory account was $25,000. During the month, the company made raw materials purchases amounting to $54,000. At the end of the month, the balance in the raw materials inventory account was $37.000. Direct labor cost was $25,000 and manufacturing overhead cost was $62,000. The beginning balance in the work in process account was $22,000 and the ending balance was $23,000. The beginning balance in the finished goods account was $44,000 and the ending balance was $50,000. Selling expense was $21,000 and administrative expense was $38,000. 49. The prime cost for November was: A. $79,000 B. $59,000 C. $67,000 D. $87,000

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