Thing Co. uses a job order costing system. At the beginning of July, the company had the following job in progress:

Job 70

$16539

During July, Thing Co. incurred the following job related costs:

	Direct Materials	Direct Labour
Job 70	$2740	$1163
Job 80	12316	16294
Job 90	8248	7908

Manufacturing overhead is applied at a rate of $3.79 per $1 of direct labour cost. Jobs 70 and 90 were moved to finished goods during the month, but neither was sold by the end of the month. Job 80 is still in progress.

What would the debit to Finished Goods Inventory be for the month of July?

Select one:

a. $36598

b. $115214

c. $70977

d. $54438