During the Month of March,Cara,Inc

Multiple Choice

During the month of March,Cara,Inc.had total manufacturing costs of $130,000 and incurred $40,000 in direct labour costs and $30,000 in overhead costs.The materials inventory on January 1 was $3,000 less than the materials inventory on March 31.What was the cost of materials purchased during the month?

A) $37,000
B) $40,000
C) $63,000
D) $70,000