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Managerial Accounting

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Product Costs for GPS

MGRACT-OGNYG2

Quinn Inc is developing a new GPS device. The preliminary cost for the device shows direct materials \$37,000, labor costs \$41,000, marketing costs of \$59,000, administrative costs of \$29,000 and manufacturing overhead costs of \$48,000.

What amount should be recorded as product costs?

A

$185,000.00

B

$126,000.00

C

$214,000.00

D

$177,000.00