Horner Corporation The following information has been taken from the cost records of Horner Corporation for the past year:
Refer to Horner Company. Direct labor cost charged to production during the year was

Question

Horner Corporation The following information has been taken from the cost records of Horner Corporation for the past year:
  Refer to Horner Company. Direct labor cost charged to production during the year was

Quizplus · Accepted Answer

Direct labor cost charged to production is calculated by adding the beginning direct labor inventory ($25) to the direct labor cost incurred during the year ($225) and subtracting the ending direct labor inventory ($0). Therefore, the direct labor cost charged to production during the year was $250 (beginning inventory of $25 + direct labor costs of $225 - ending inventory of $0).

Horner Corporation the Following Information Has Been Taken from the Cost