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

Raw materials $83,000;

Direct labor $51,500;

Electricity used in the Factory $21,500;

Factory foreperson salary $2,950; and

Maintenance of factory machinery $1,950.

Alton Company's total product costs:

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Multiple Choice

$134,500.

$26,400.

$24,450.

$160,900.

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