$$

Question Completion Status:

$1$ points

The Shoal Company's manufacturing costs for the third quarter of $2022$ were as follows:

Direct materials and direct labor

Other variable manufacturing costs

Depreciation of factory building and manufacturing equipment

Other fixed manufacturing costs

$$670,000$

$190,000$

$77,000$

$19,000$

What amount should be considered product costs for external reporting purposes?

$$956,000$

$$937,000$

$$860,000$

$$670,000$