Sterling's records show the work in process inventory had a beginning balance of $3,000 and an ending balance of $4,000. How much direct labor was incurred if the records also show: Materials used $1,700 Overhead applied 500 Cost of goods manufactured 5,600

Sterling's records show the work in process inventory had a beginning balance of $3,000 and an ending balance of $4,000. How much direct labor was incurred if the records also show: Materials used $1,700 Overhead applied 500 Cost of goods manufactured 5,600

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 5EA: Sterlings records show the work in process Inventory had a beginning balance of $4000 and an ending...

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Question

Sterling's records show the work in process inventory had a beginning balance of $3,000 and an ending balance of $4,000. How much direct labor was incurred if the records also show:

Materials used	$1,700
Overhead applied	500
Cost of goods manufactured	5,600

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