Assume that a manufacturing company incurred the following costs: Direct labor Advertising Factory supervision Sales commissions Depreciation, office equipment Indirect materials Depreciation, factory building Administrative office salaries Utilities, factory Direct materials Insurance, factory Property taxes, factory What is the total amount of manufacturing overhead? Multiple Choice $168,500 $75,500 $ 90,000 $ 40,000 $ 39,000 $ 15,000 $ 4,000 $ 5,000 $ 20,000 $ 1,000 $ 2,500 $106,000 $ 5,000 $ 7,000 Assume (1) the direct labor cost of $40,000 is 25% of total conversion costs and 40% of total prime costs, (2) the total selling and administrative expense is $62,000, (3) the only variable selling and administrative expense is sales commissions of 4% of sales, (4) all manufacturing overhead costs are fixed costs, and (5) there are no beginning or ending inventories. What is the total direct materials cost? Multiple Choice O $60,000 $160.000 $120,000 $100.000