Alton Company produces metal belts. During the current month, the company incurred the following product costs:

Raw materials $100,000;

Direct labor $75,000;

Electricity used in the Factory $25,000;

Factory foreperson salary $3,750; and

Maintenance of factory machinery $2,000.

Alton Company's total product costs:

Answer rating: 100% (QA)

The Answer is in the image, click to view ... View the full answer