Use the following information to answer the question that follows
N
Direct material used-----------------64,000
Direct labour--------------------------30,000
Production overheads--------------22,000
Work-in-progress at beginning-----9,000
Work-in-progress at close---------14,000
The total cost of production is
94,000
106,000
111,000
116,000
Correct answer is D
Total cost of production = Cost of labor + Cost of raw materials + Overhead costs on manufacturing.
64,000 + 30,000 + 22,000 = 116,000