1. Company records reflect the following: Direct materials used: $100,000 Factory overhead applied: $40,000 Beginning goods in process: $20,000 Ending goods in process: $12,000 Cost of goods manufactured: $200,000 What was the amount of direct labor? A. $64,000 B. $52,000 C. $72,000 D. $48,000 E. NONE OF THE ABOVE

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...
icon
Related questions
Topic Video
Question

please help me 

1. Company records reflect the following:
Direct materials used: $100,000
Factory overhead applied: $40,000
Beginning goods in process: $20,000
Ending goods in process: $12,000
Cost of goods manufactured: $200,000
What was the amount of direct labor?
A. $64,000
B. $52,000
C. $72,000
D. $48,000
E. NONE OF THE
ABOVE
Transcribed Image Text:1. Company records reflect the following: Direct materials used: $100,000 Factory overhead applied: $40,000 Beginning goods in process: $20,000 Ending goods in process: $12,000 Cost of goods manufactured: $200,000 What was the amount of direct labor? A. $64,000 B. $52,000 C. $72,000 D. $48,000 E. NONE OF THE ABOVE
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Performance measurements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning