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The Peterson Company Incurred the Following Costs in the Month

Question 64

Multiple Choice

The Peterson Company incurred the following costs in the month of May:  Direct materials purchased $12,000 Commissions paid to salespeople $5,000 Direct labor paid $9,000 Manufacturing plant utility costs $19,000 Advertising costs $2,000\begin{array} { l l } \text { Direct materials purchased } & \$ 12,000 \\\text { Commissions paid to salespeople } & \$ 5,000 \\\text { Direct labor paid } & \$ 9,000 \\\text { Manufacturing plant utility costs } & \$ 19,000 \\\text { Advertising costs } & \$ 2,000\end{array} The company's product costs total:


A) $45,000
B) $47,000
C) $40,000
D) $42,000

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