What was the cost assigned to the units completed during the year?HARD: Picture Perfect Presentation, Inc. is a manufacturer of picture frames. The

company's Raw Materials Inventory only contains direct materials. $$27,000$ in Raw

Materials were purchased during the year. The ending Raw Materials Inventory was

$$2,000$ higher than the beginning Raw Materials Inventory. The company began the year

with $$17,000$ in its Work in Process Inventory. By year end, the Work in Process Inventory

had increased to $$18,000.$ At year end, the company reported $$15,600$ in its Finished

Goods Inventory, which was a net decrease of $$4,500$ from the beginning of the year.

The following costs were incurred during the year: direct labor costs of $$30,000,$ factory

supervisor's salary of $$10,000,$ factory utilities of $$12,000,$ factory depreciation of

$$9,000,$ factory rent of $$8,000,$ indirect factory materials of $$500,$ and selling, general,

and administrative expenses of $$22,000.$

What was the cost assigned to the units completed during the year?

a$.$ $$94,500$

b$.$ $$98,000$

c$.$ $$93,500$

d$.$ $$97,500$

e$.$ $$89,000$