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The total manufacturing costs incurred for the year are $200,000. The overhead cost was 60% of the direct labor cost, and the direct material cost was $25,000. Direct labor cost was A) $105,000 B) $109,375 C) $65,625 D) None of the above

The total manufacturing costs incurred for the year are $200,000. The overhead cost was 60% of the direct labor cost, and the direct material cost was $25,000. Direct labor cost was A) $105,000 B) $109,375 C) $65,625 D) None of the above

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The total manufacturing costs incurred for the year are $200,000. The overhead cost was 60% of the direct labor cost, and the direct material cost was $25,000. Direct labor cost was A) $105,000 B) $109,375 C) $65,625 D) None of the above
Transcribed Image Text:The total manufacturing costs incurred for the year are $200,000. The overhead cost was 60% of the direct labor cost, and the direct material cost was $25,000. Direct labor cost was A) $105,000 B) $109,375 C) $65,625 D) None of the above
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