Use the following information to answer the question below
Cost of raw materials available—— 32,000
Manufacturing wages —–10,000
Factory expenses—–5,000
Royalty——-3,000
Factory rent ——2,000
Depreciation of plant and machinery—- 5,000
closing stock of raw materials——– 3,000
Factory overhead cost is
- $25,000
- $415,000
-
$12,000
- $7,000