I&U Company manufactures console tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each console table consists of 20 separate parts totaling $250 in direct materials and requires 4 hours of machine time to produce. The company incurs no direct labor costs. Additional information follows: Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units Cost Allocation Rate $4.00 per part $5.30 per machine hour $4.00 per part $4.00 per finished unit What is the total product cost per console table? A. $435.20 B. $106.00 C. $185.20 D. $431.20 Selected information regarding a company's most recent quarter follows (all data in thousands). Ending work in process inventory Manufacturing overhead Cost of goods manufactured Beginning work in process inventory Direct labor What was the cost of direct materials used for the quarter? $540 $890 $1,370 $340 $530 OA. $150 B. $1,170 c. $1,090 D. $550