Question

Johnson Company developed the following data for the current year: Beginning work in process inventory $240,000...

Johnson Company developed the following data for the current year:

Beginning work in process inventory $240,000

Direct materials used $144,000

Actual overhead $288,000

Overhead applied $216,000

Cost of goods manufactured $264,000

Total manufacturing costs $720,000

Johnson Company's direct labor cost for the year is:

A. $288,000

B. $360,000

C. $72,000

D. $216,000

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Answer #1

Correct answer-------$360,000

Working

Total manufacturing cost= Direct material used+ Direct labor +Overhead applied

So using same equation we find

Direct labor= Total manufacturing cost -Direct material used-Overhead applied

Direct labor= 720000-216000-144000=$360000

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