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Saturn Company showed cost of goods sold of 4,320,000 in its statement of comprehensive income after the first year of operations. The total manufacturing cost
Saturn Company showed cost of goods sold of 4,320,000 in its statement of comprehensive income after the first year of operations. The total manufacturing cost comprised 50% Mat. Used, 30% Direct labor incurred, and 20% manufacturing overhead. Goods in process at year end were 10% of total manufacturing cost. Finished goods at year end amounted to 20% goods manufactured. What is is the amount of direct labor cost incurred? PhilCPA Adapted
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