Greer Company developed the following data for the current year: $\begin{array}{ll}
\text { Beginning work in process inventory } & \$ 136,000 \
\text { Direct materials used } & 208,000 \
\text { Actual overhead } & 176,000 \
\text { Overhead applied } & 184,000 \
\text { Cost of goods manufactured } & 900,000 \
\text { Total manufacturing costs } & 856,000
\end{array}$ How much is Greer Company's direct labor cost for the year?
A) $508000
B) $600000
C) $464000
D) $328000

Question

Quizplus · Accepted Answer

Total manufacturing costs include direct materials, direct labor, and actual overhead. To find direct labor, subtract direct materials and actual overhead from total manufacturing costs: $856,000 - $208,000 - $176,000 = $472,000.

Greer Company Developed the Following Data for the Current Year