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Manufacturing information for a company includes the following: Beginning raw materials 2000 Purchases of raw materials 4000 Ending raw materials 3500 Beginning work in process
Manufacturing information for a company includes the following: | |||||||||
Beginning raw materials | 2000 | ||||||||
Purchases of raw materials | 4000 | ||||||||
Ending raw materials | 3500 | ||||||||
Beginning work in process | 4000 | ||||||||
Ending workin in process | 1000 | ||||||||
The overhead rate is $20 per direct labor hour, and the company incurs 340 direct laobr hours during the | |||||||||
period. Since all products are made to order, the company never carries a finished goods inventory | |||||||||
What are the direct labor costs if a company's cost of goods sold was $14000 before adjustment for any | |||||||||
overapplied or underapplied overhead? | |||||||||
4700 | |||||||||
6800 | |||||||||
1700 | |||||||||
4300 | |||||||||
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