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both questions please 7) Gulick Company developed the following data for the current year: (4pts) Beginning work in process inventory $240,000 Direct materials used 144,000

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7) Gulick Company developed the following data for the current year: (4pts) 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 648,000 Gulick Company's direct labor cost for the year is $72,000. O $288,000. $216,000. $360,000. None of the above 8) As of December 31, 2022, Starbuck Corporation had $2,500 of raw materials inventory. At the (Apts) beginning of 2022, there was $3,000 of materials en hand. During the year, the company purchased $375,000 of materials; however, it paid for only $312,500. How much inventory was requisitioned for use on jobs during 2022? $375,500 $363,000 $374,500 0 $362,000 7) Gulick Company developed the following data for the current year: (4pts) 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 648,000 Gulick Company's direct labor cost for the year is $72,000. O $288,000. $216,000. $360,000. None of the above 8) As of December 31, 2022, Starbuck Corporation had $2,500 of raw materials inventory. At the (Apts) beginning of 2022, there was $3,000 of materials en hand. During the year, the company purchased $375,000 of materials; however, it paid for only $312,500. How much inventory was requisitioned for use on jobs during 2022? $375,500 $363,000 $374,500 0 $362,000

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