The Shoal Company's Manufacturing Costs for the Third Quarter of 2019

Multiple Choice

The Shoal Company's manufacturing costs for the third quarter of 2019 were as follows: (CPA adapted)
$\begin{array}{llr} \text {Direct materials and direct labor } &\$700,000\\ \text { Other variable manufacturing costs} &100,000\\ \text { Depreciation of factory building and manufacturing equipment} &80,000\\ \text { Other fixed manufacturing costs } &18,000\\\end{array}$

What amount should be considered product costs for external reporting purposes?

A) $700,000
B) $800,000
C) $880,000
D) $898,000