Homework Answers
Manufacturing overhead incurred = $27,800
Work in process inventory , Jan. 1= $5,920
Direct materials used = $101,000
Work in process inventory , Dec. 31= $2,860
Cost of goods manufactured = $193,100
Cost of goods manufactured = Direct materials used+ direct labor + Factory overhead + Work in process inventory , Jan. 1- Work in process inventory , Dec. 31
193,100 = 101,000+ Direct labor +27,800+5,920-2,860
Direct labor = $61,240
The amount of direct labor incurred by Argento Supplies Inc. during the year is $61,240.
Correct option is B.
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