Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions
Dodd Corporation used $90,000 of direct material, $112,000 of direct labor, and applied $104,000 of manufacturing overhead during July. Its beginning and ending work-in-process and finished goods inventories were as follows:

-The standard cost for direct material is $45,000 if the company produces 10,000 units of product.Actual direct materials used to produce 10,500 units of product amounted to $48,300.What is the standard cost for the direct material at the actual level of production.

A) $45,000
B) $46,000
C) $47,250
D) $48,300