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Alton Company produces metal belts. During the current month, the company incurred the following product costs: Raw materials $81,000; Direct labor $50,500; Electricity used in
Alton Company produces metal belts.
During the current month, the company incurred the following product costs: Raw materials $81,000; Direct labor $50,500; Electricity used in the Factory $20,500; Factory foreperson salary $2,650; and Maintenance of factory machinery $1,850. Alton Company's total product costs:
Multiple Choice
$23,150.
$131,500.
$25,000.
$156,500.
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