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 $ 1,800 900 7,800 28,500 42.000 10,800 2,800 900 2,300 2.800 Based upon this information, the manufacturing cost incurred during the month was: $76,000 $78.300. $79,200 $80,100 References Multiple Choice Difficulty: 3 Hard Learning Objective: 02-02 Explain how costs are presented in the statements Check my work