Question: Use the following data to answer the next question: Product 1 Product 3 $35,000 Direct Material Cost Product 2 $30,000 $40,000 $25,000 $30,000 $50,000 Direct
Use the following data to answer the next question: Product 1 Product 3 $35,000 Direct Material Cost Product 2 $30,000 $40,000 $25,000 $30,000 $50,000 Direct Labor Cost Direct Labor Hours 1.200 hours 1.800 hours 2.000 hours Factory overhead is estimated to be $30,000 and is applied based on direct labor dollars. The total cost of Product 1 is $ 7,500 B. S 62,500 C. S 69,200 D. $ 64,400
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