Martinez manufacturing inc. showed the following costs for last month:

direct materials $7,000
direct labor $3,000
manufacturing overhead $2,000
selling expense $8,000
last month 4,000 units were produced and sold.

what is total product cost for last month?

 $12,000  

Explanation:

The total product cost for artinez Manufacturing Inc. can be determined using the following formula:

Direct materials                                                             $7,000

Direct labor                                                                   $3,000

Manufacturing overhead                                             $2,000

Total product cost for last month                               $12,000                          

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;