8) Information from the records of the Abel Corporation for July 2018 was as follows: Sales $ 1,230,000 Selling and administrative expenses 210,000 Direct materials 264,000 405,000 (variable Factory overhead $205,000;fixed $200,000) Inventories Direct materials Work in process Finished goods July 1, 2018 $36,000 75,000 69,000 July 31, 2018 $. 42.000 84,000 57,000 The total product cost is: a) $ 1,179,000. b) $ 969,000 c) $ 615,000. D) $ 764,000