Beginning 1/1/20X8 Ending 12/31/2008 Work-in-Process Inventory $ 80,000 $ 30,000 Finished Goods Inventory 90,000 110,000 Raw materials used $362,000 Direct Labor incurred ??? Total Manufacturing OH 250,000 Cost of Goods Sold 716,000 What is Direct Labor incurred for 20X8? (Hint: use the Schedule of COGM and part of the I/S to help solve)

Question 15 options:

a)

$ 54,000

b)

$104,000

c)

$ 34,000

d)

$ 74,000