ge.com 12.On January 1,2020, Kit Company had 10.000 d outstanding, which was originally issued at $2p company repurchased 1.200 shares of its a What amount will Kit Company record for Treasury S a. $1,200. b. $20,400. c. $22,800. d. $21,600. e. $24,000. 13. In July, Echo Company purchased materials ing costs of $27,000. Overhead totaled $32,700 for the was as follows: Materials Work in process Finished goods M3 $5.200 34030 $700 1130 $1.300 What was the cost of direct materials used in a. $17,700 b. $18,400. c. $8,700 d. $19,100 e. $13,900