Gulick Company developed the following data for the current year: $\begin{array}{lr}
\text { Beginning work in process inventory } & \$ 240,000 \
\text { Direct materials used } & 144,000 \
\text { Actual overhead } & 288,000 \
\text { Overhead applied } & 216,000 \
\text { Cost of goods manufactured } & 264,000 \
\text { Total manufacturing costs } & 720,000
\end{array}$ Gulick Company's direct labor cost for the year is
A)$72000.
B)$360000.
C)$216000.
D)$288000.

Question

Quizplus · Accepted Answer

Total manufacturing costs = Direct materials used + Direct labor cost + Actual overhead$720,000 = $144,000 + Direct labor cost + $288,000Direct labor cost = $720,000 - $144,000 - $288,000Direct labor cost = $360,000

Gulick Company Developed the Following Data for the Current Year