During the month of January, Marcos & Hennessey, Inc., had total manufacturing costs of $165,000. It incurred $62,000 of directlabor cost and $40,000 of manufacturing overhead cost during the month. If the materials inventory on January 1 was $5,800 lessthan the materials inventory on January 31, what was the cost of materials purchased during the month? a. $53,650 b. $93,800 c. $68,800 d. $58,000

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