XO, Inc reports the following cost information for March

Cost of Goods Manufactured $71,000
Manufacturing Overhead 18,600
Finished Goods Inventory, March 1 4,000
Finished Goods Inventory, March 31 3,000
Work-in-Process Inventory, March 1 9,660
Work-in-Process Inventory, March 31 1,290
Direct Materials Used 25,530

What is the amount of direct labor incurred by XO in March?
A) $62,630
B) $6,930
C) $71,000
D) $18,500


D .D)
Cost of Goods Manufactured $71,000
Direct Materials Used (25,530 )
Manufacturing Overhead (18,600 )
Work-in-Process Inventory, March 1 (9,660 )
Work-in-Process Inventory, March 31 1,290
Direct Labor $18,500

Business

You might also like to view...

Xavier is a self-employed plumber. His earnings from self-employment, before the Keogh deduction but after deducting half of the self-employment tax, are $80,000. What is his deductible Keogh contribution for 2018?

A. $64,000. B. $16,000. C. $54,000. D. $20,000.

Business

Under Article 2, a warranty of title is assumed when an innocent buyer purchases stolen goods from a seller

a. True b. False Indicate whether the statement is true or false

Business

"Yellow-dog" contracts, in which employees agree not to join a union as a condition of employment, were made unlawful by:

a. the Landrum-Griffin Act b. the Norris-La Guardia Act c. the Taft-Hartley Act d. the Civil Rights Act of 1964 e. the Wagner Act

Business

Hershey's ERP project failed initially because they failed to break their existing:

A) chocolate bars. B) functional silos. C) cross-functional roles. D) hardware resources. E) software development patterns.

Business