Gulick Company developed the following data for the current year: Beginning work

Question

Gulick Company developed the following data for the current year: Beginning work in process inventory $160,000 Direct materials used $96,000 Actual overhead $192,000 Overhead applied $144,000 Cost of goods manufactured $176,000 Total manufactured $480,000 Gulick Company's direct labor cost for the year is A. 48,000 B. 240,000 C. 144,000 D. 192,000 Gulick company's ending work in process inventory is A. 464,000 B. 320,000 C. 304,000 D. 144,000 Hayward Manufacturing company developed the following data: Beginning work in process inventory $450,000 Direct materials used $350,000 Actual overhead $550,000 Overhead applied $400,000 Cost of goods manufactured $600,000 Total manufactured $750,000 Hayward Manufacturing company's total manufacturing costs for the period is A. 950,000 B. 900,000 C. 650,00 D. Cannot be determined

Explanation / Answer

304,000 is NOT correct. I just had the problem and got it wrong. I am paying for this I expect correct answers.

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