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Use the information below to answer question: The overhead cost is?

Use the information below to answer the question.
………..PQ Manufacturing Company
Raw materials (1/11/2001)………..N3 500
Raw materials (31/12/2001)……….N4 900
Purchase of raw materials………..N56 000
Salary ………………………..N63 000
Wages………………………….N148 000
Factory lighting ……………….N3 080
Plant Depreciation………………N2 800
Factory Insurance ………………N2 170
The overhead cost is?
  • A.
    N71 050
  • B.
    N68 250
  • C.
    N67 970
  • D.
    N66 080
Correct Answer: Option A
Explanation