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Ax Company produces metal belts. During the current month, the company incurred the following product costs: Direct materials $91,000; Direct labor $55,500; Electricity used in

Ax Company produces metal belts. During the current month, the company incurred the following product costs: Direct materials $91,000; Direct labor $55,500; Electricity used in the Factory $20,000; Factory supervisor salary $4,150; and Depreciation of factory machinery $1,900. Ax Company's manufacturing overhead costs totaled: Multiple Choice $146,500. $24,150. $55,500. $26,050

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