The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) $ 3,000 900 Depreciation on factory equipment Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries 9,000 34,500 42,000 12,000 4,000 900 3,500 4,000 Based upon this information, the manufacturing cost incurred during the month was: Multiple Choice $87,900. $88,800. O $84,400. O $88,500