Assume that during a year, a table manufacturing company

produced $900,000$ finished tables incurring raw material costs of $8$ million, direct labour conversion costs of $18$ million, and production overhead costs of $1\mathrm{.}8$ million.

scrapped $1,000$ tables $($attributable to abnormal waste$)$ incurring raw material costs of $10,000$ and labor and overhead conversion costs of $20,000.$

spent $1$ million for freight delivery charges on raw materials and $500,000$ for storing the finished goods as inventory, The company does not have any work$-$in$-$progress inventory at year end.

Question: What costs should be included in inventory and expensed when the goods are sold?

Select one:

a$.29\mathrm{.}8$ million

b$.28\mathrm{.}8$ million

c$.0\mathrm{.}53$ million

d$.30\mathrm{.}33$ million