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    Nov 11, 2011, 06:25 AM
    Finding direct manufaccturing overhead
    If company ABC has selected cost data for 20x5
    Cost of goods manufactured is $145,000
    Work in process, Jan. 1 is $518,500
    Work in process, Dec. 31 $522,500
    Direct materials used $15,800

    Assuming direct labor is 60% of manufacturing overhead, what is the amount of direct labor incurred by ABC in 20x5?

    I have tried this several different ways and can't figure out how they can up with $50,025 as the answer. What formula do I use?

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