Wilson Company applies overhead based on direct labor cost. During 2014, Wilson Company estimated that...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Wilson Company applies overhead based on direct labor cost. During 2014, Wilson Company estimated that it would incur $97,000 in manufacturing overhead costs and $63,500 of direct labor costs. In 2014, actual manufacturing overhead cost totaled $82,000 and actual direct labor costs totaled $62,000. If total manufacturing costs were $167,000, what amount of direct materials was used during the period?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.