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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
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 Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries $ 2,500 650 8,500 32,000 42,000 11,500 3,500 650 3,000 3,500 Based upon this Information, the manufacturing cost incurred during the month was: Multiple Choice $85,000. $84.300. $80.650. $83.650
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