The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted)

Depreciation on factory equipment	$	1,400
Depreciation on sales office		700
Advertising		7,400
Wages of production workers		26,500
Raw materials used		42,000
Sales salaries and commissions		10,400
Factory rent		2,400
Factory insurance		700
Materials handling		1,900
Administrative salaries		2,400

Based upon this information, the manufacturing cost incurred during the month was:

Multiple Choice

• $73,000.

• $74,900.

• $75,600.

• $77,300.