Bonita Industries developed the following data for the current year: Beginning work in process inventory $160000...
Bonita Industries developed the following data for the current
year:
| Beginning work in process inventory | $160000 |
| Direct materials used | 64000 |
| Actual overhead | 208000 |
| Overhead applied | 136000 |
| Cost of goods manufactured | 184000 |
| Total manufacturing costs | 480000 |
Bonita Industries's direct labor cost for the year is
| $184000. |
| $280000. |
| $72000. |
| $136000. |
Homework Answers
Direct materials used = $64,000
Overhead applied = $136,000
Direct labor cost = ?
Total manufacturing cost = $480,000
Total manufacturing cost = Direct materials used + Direct labor cost +Overhead applied
480,000 = 64,000+ Direct labor cost +136,000
Direct labor cost = $280,000
Second option is correct option.
Other information given in the question is not relevant to calculate direct labor cost and hence ignored.
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Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
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