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The Following Information Relates to Washington,Inc How Much Were Washington's Product Costs?
A) $658,250
B) $369,000

Question 82

Multiple Choice

The following information relates to Washington,Inc.:  Sdvertising Costs $19,000 Sales Salary 14,000 Sales Revenue 530,000 President’s Salary 340,000 Office Rent 64,500 Manufacturing Equipment Depreciation 1,400 Indirect Materials Used 7,600 Indirect Labor 12,000 Factory Repair and Maintenance 920 Direct Materials Used 30,000 Direct Labor 41,000 Delivery Vehicle Depreciation 1,750 Administrative Salaries 29,000\begin{array} { | l | r |} \hline \text { Sdvertising Costs } & \$ 19,000 \\\hline \text { Sales Salary } & 14,000 \\\hline \text { Sales Revenue } & 530,000 \\\hline \text { President's Salary } & 340,000 \\\hline \text { Office Rent } & 64,500 \\\hline \text { Manufacturing Equipment Depreciation } & 1,400 \\\hline \text { Indirect Materials Used } & 7,600 \\\hline \text { Indirect Labor } & 12,000 \\\hline \text { Factory Repair and Maintenance } & 920 \\\hline \text { Direct Materials Used } & 30,000 \\\hline \text { Direct Labor } & 41,000 \\\hline \text { Delivery Vehicle Depreciation } & 1,750 \\\hline \text { Administrative Salaries } & 29,000 \\\hline\end{array} How much were Washington's product costs?


A) $658,250
B) $369,000
C) $549,000
D) $92,920

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