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Gulick Company Developed the Following Data for the Current Year

Question 66

Multiple Choice

Gulick Company developed the following data for the current year:  Beginning work in process inventory $240,000 Direct materials used 144,000 Actual overhead 288,000 Overhead applied 216,000 Cost of goods manufactured 264,000 Total manufacturing costs 720,000\begin{array}{lr}\text { Beginning work in process inventory } & \$ 240,000 \\\text { Direct materials used } & 144,000 \\\text { Actual overhead } & 288,000 \\\text { Overhead applied } & 216,000 \\\text { Cost of goods manufactured } & 264,000 \\\text { Total manufacturing costs } & 720,000\end{array} Gulick Company's direct labor cost for the year is


A) $72000.
B) $360000.
C) $216000.
D) $288000.

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