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Alcott Inc. has a predetermined overhead rate of $6.30 per direct labor hour. During February 2021, Alcott Inc. incurred $40,000 of direct materials costs and
Alcott Inc. has a predetermined overhead rate of $6.30 per direct labor hour. During February 2021, Alcott Inc. incurred $40,000 of direct materials costs and $20,000 of direct labor costs for 2,000 hours worked. What is the total product cost for Alcott Inc.?
- A. $72,600
- B. $12,600
- C. $60,000
- D. $62,000
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