Question:
Serenje Manufacturing Company produces nameplates and uses a job-order cost system. The following amounts relate to nameplate production for the month of June:
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Work in process inventory, June 1
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$620
|
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Cost of materials directly assigned to production during June
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$1,800
|
|
Cost of labor directly assigned to production during June
|
$1,200
|
|
Cost of nameplates completed during June
|
$4,300
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Serenje applies overhead at a predetermined overhead rate of 60% of direct material cost. At the end of June, only one job was in Work in Process inventory. This job had been charged with $150 of direct material cost. What is the direct labor cost assigned to this job?
A) $100
B) $160
C) $225
D) $530