Question: Meyers Corporation had the following inventory balances at the beginning and end of November:
|
November 1 |
|
November 30 |
| Raw Materials |
$ |
72,000 |
|
$ |
28,000 |
| Finished Goods |
$ |
198,000 |
|
$ |
135,000 |
| Work in Process |
$ |
41,000 |
|
$ |
45,000 |
|
During November, $153,000 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $9 per direct labor-hour, and it paid its direct labor workers $14 per hour. A total of 900 hours of direct labor time had been expended on the jobs in the beginning Work in Process inventory account. The ending Work in Process inventory account contained $18,000 of direct materials cost. The Corporation incurred $108,000 of actual manufacturing overhead cost during the month and applied $99,000 in manufacturing overhead cost.
The actual direct labor-hours worked during November totaled: (Round your answers to the nearest dollar.)