Horizon Circuitry, Inc. reported the following manufacturing cost details: • • Total Manufacturing Costs = $280,000 Manufacturing Overhead = $70,000 Direct Materials = $110,000 How much is the direct labor cost? a. $170,000 b. $100,000 c. $90,000 d. $120,000

Horizon Circuitry, Inc. reported the following manufacturing cost details: • • Total Manufacturing Costs = $280,000 Manufacturing Overhead = $70,000 Direct Materials = $110,000 How much is the direct labor cost? a. $170,000 b. $100,000 c. $90,000 d. $120,000

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

Can you explain the correct approach to solve this general accounting question?

Horizon Circuitry, Inc. reported the following manufacturing
cost details:
•
•
Total Manufacturing Costs = $280,000
Manufacturing Overhead = $70,000
Direct Materials = $110,000
How much is the direct labor cost?
a. $170,000
b. $100,000
c. $90,000
d. $120,000

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