This Question 2 pts 46 of 55 0 completeThis Test 150 pts pos

This Question: 2 pts 46 of 55 (0 complete)This Test: 150 pts possible Beckett, Inc. reports the following cost information for March: Cost of Goods Manufactured Manufacturing Overhead Finished Goods Inventory, March 1 Finished Goods Inventory, March 31 Work-in - Process Inventory, March 1 Work-in - Process Inventory, March 31 Direct Materials Used $75,000 19,000 5,000 2,000 9,980 1,160 25,400 What is the amount of direct labor incurred by Beckett, Inc. in March? OA. $75,000 O B. $21,780 O C. $66,180 OD, $6,400

Solution

B. $21,780

Amount of direct labor incurred = Cost of Goods Manufactured - Direct Materials Used - Manufacturing Overhead - Work-in-Process Inventory, March 1 + Work-in-Process Inventory, March 31 = $75,000 - $25,400 - $19,000 - $9,980 + $1,160 = $21,780