Assume the following information from a schedule of the cost of goods manufactured: Beginning work...
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Accounting
Assume the following information from a schedule of the cost of goods manufactured:
Beginning work in process inventory $30,000
Direct material used in production $50,000
Manufacturing overhead applied to work in the process $90,000
Total manufacturing costs to account for $216,000
Ending work in process inventory $72,000
What is the direct labor cost?
The answer is $46,000. Could you please help me how to find the answer?
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