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

Raw materials $93,000;

Direct labor $56,500;

Electricity used in the Factory $21,000;

Factory foreperson salary $4,450; and

Maintenance of factory machinery $2,000.

Ax Company's manufacturing overhead costs totaled:

Multiple Choice

• $56,500.

• $25,450.

• $149,500.

• $27,450.