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Serin Ltd is a manufacturer with the following information available at year-end: Salary of the marketing manager 100,000 Direct labour 220,000 Indirect labour 40,000 Sales

Serin Ltd is a manufacturer with the following information available at year-end:

Salary of the marketing manager

100,000

Direct labour

220,000

Indirect labour

40,000

Sales commission

250,000

Direct material used

$ 600,000

Depreciation of factory building

7,000

Factory Insurance

81,000

The total of the product costs for the year is:

A.

$598,000

B.

$348,000

C.

$860,000

D.

$948,000

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