A company has total manufacturing costs of $180,000. Direct materials cost $25,000, and overhead is 40% of direct labor. What is the direct labor cost? a. $110,714.29 b. $95,000 c. $105,000 d. $115,500

A company has total manufacturing costs of $180,000. Direct materials cost $25,000, and overhead is 40% of direct labor. What is the direct labor cost? a. $110,714.29 b. $95,000 c. $105,000 d. $115,500

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter1: Introduction To Managerial Accounting

Section: Chapter Questions

Problem 3CMA: A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead....

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Question

A company has total manufacturing costs of solve this question financial accounting question

A company has total manufacturing costs of $180,000. Direct materials cost
$25,000, and overhead is 40% of direct labor. What is the direct labor cost?
a. $110,714.29
b. $95,000
c. $105,000
d. $115,500

Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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