Horizon Apparel Co. manufactures men's suits. The following information is provided: Item Amount Cost of Goods Manufactured $70,000 Direct Materials Used Factory Overhead $35,000 $12,000 What is the dollar amount of Horizon's Direct Labor Cost for the year?

Horizon Apparel Co. manufactures men's suits. The following information is provided: Item Amount Cost of Goods Manufactured $70,000 Direct Materials Used Factory Overhead $35,000 $12,000 What is the dollar amount of Horizon's Direct Labor Cost for the year?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...

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Question

General Accounting

Horizon Apparel Co. manufactures men's suits. The following information
is provided:
Item
Amount
Cost of Goods Manufactured $70,000
Direct Materials Used
Factory Overhead
$35,000
$12,000
What is the dollar amount of Horizon's Direct Labor Cost for the year?

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