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

Question

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

Megan Bromwell · Accepted Answer

Final Answer : C, Explanation :  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.

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