Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

the scott company had the following activities during 2019. during the year, work-in-process increased by $2,500 and finished goods decreased by $6,000. during the year, work-in-process increased by $2,500 calculate the amount of direct labor cost for the year

Sagot :

Answer:

$5,000

Explanation:

The amount of direct labor cost is calculated as;

= Increase in work in process during the year + Increase in work in process during the year

Given that;

Increase in work in process during the year = $2,500

Further increase in work in process during the year = $2,500

Direct labor cost = $2,500 + $2,500

Direct labor cost $5,000