Haight Company incurred direct materials costs of $1,500,000 during the year.Manu-facturing overhead applied was $270,000 and is applied at the rate of 60% of direct labor costs.Haight Company's total manufacturing costs for the year was

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Quizplus · Accepted Answer

To find the total manufacturing costs, we need to calculate the direct labor costs first. Since manufacturing overhead is 60% of direct labor costs, we can set up the equation: 0.60 * Direct Labor Costs = $270,000. Solving for Direct Labor Costs gives $450,000. Total manufacturing costs = Direct Materials + Direct Labor + Manufacturing Overhead = $1,500,000 + $450,000 + $270,000 = $2,220,000.

Haight Company Incurred Direct Materials Costs of $1,500,000 During the Year.Manu-Facturing