Alton Company produces metal belts. During the current month, the company incurred the following product...

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Accounting

Alton Company produces metal belts. During the current month, the company incurred the following product costs:

Raw materials $97,000;

Direct labor $58,500;

Electricity used in the Factory $23,000;

Factory foreperson salary $5,050; and

Maintenance of factory machinery $2,200.

Alton Company's indirect product costs totaled:

Multiple Choice

  • $30,250.

  • $28,050.

  • $58,500.

  • $155,500.

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