Oriole Company developed the following data for the current year: Beginning Work in Process Inventory $136000 Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 240000 176000 186000 970000 896000 What is Oriole Company's direct labor cost for the year? $606000 O $334000 O $544000 ⚫ $470000 4
Oriole Company developed the following data for the current year: Beginning Work in Process Inventory $136000 Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 240000 176000 186000 970000 896000 What is Oriole Company's direct labor cost for the year? $606000 O $334000 O $544000 ⚫ $470000 4
Chapter5: Process Costing
Section: Chapter Questions
Problem 12EA: What are the total costs to account for if a companys beginning inventory had $231,432 in materials,...
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please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no
![Oriole Company developed the following data for the current year:
Beginning Work in Process Inventory $136000
Direct materials used
Actual overhead
Overhead applied
Cost of goods manufactured
Total manufacturing costs
240000
176000
186000
970000
896000
What is Oriole Company's direct labor cost for the year?
$606000
O $334000
O $544000
⚫ $470000
4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F90806cbd-7e72-484a-ad38-293172af8302%2F676c009a-0f9c-402e-9b0f-483de6907b3f%2F5ixh7hr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Oriole Company developed the following data for the current year:
Beginning Work in Process Inventory $136000
Direct materials used
Actual overhead
Overhead applied
Cost of goods manufactured
Total manufacturing costs
240000
176000
186000
970000
896000
What is Oriole Company's direct labor cost for the year?
$606000
O $334000
O $544000
⚫ $470000
4
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