Question

The accounting records of Dixon Company revealed the following costs: direct materials used, $300,000; direct labor, $450,000; manufacturing overhead, $381,000; and selling and administrative expenses, $230,000. Dixon's product costs total: Multiple Choice None of the answers is correct. $901,000. $1,361,000. $1,131,000. $980,000.

Answer 1

$1,131,000

Step-by-step explanation:

The computation of the product cost is given below:

= Direct material used + direct labor + manufacturing overhead

= $300,000 + $450,000 + $381,000

= $1,131,000

By adding the above three items we can get the product cost

hence, the fourth option is correct