Champagne of the South, Inc. is a manufacturer of bottled sweet tea. The company's Raw Materials Inventory contains both direct and indirect materials materials. $25,000 in Raw Materials were purchased during the year. The ending Raw Materials Inventory was $2,000 lower than the beginning Raw Materials Inventory. The company began the year with $20,000 in its Work in Process Inventory. By year end, the Work in Process Inventory had decreased to $16,500. At year end, the company reported $15,600 in its Finished Goods Inventory, which was a net increase of $4,500 from the beginning of the year.

The following costs were incurred during the year: direct labor costs of $31,000, factory supervisors salary of $11,000, factory utilities of $10,000, factory depreciation of $7,000, factory rent of $9,000, indirect factory materials of $600, and selling, general, and administrative expenses of $21,000.

What was the cost assigned to the units sold during the year?

A.

$89,900

B.

$94,000

C.

$99,000

D.

$90,000

E.

$90,600