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Aspen Corporation had a total manufacturing cost of $1,600,000 last year. The...

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Accounting

Aspen Corporation had a total manufacturing cost of $1,600,000 last year. The company uses a predetermined rate of 200 percent of direct labor cost to apply overhead to work-in-process. If the direct material cost for the year was $700,000, what was the direct labor cost incurred for the period?
Question 15 options:
a)
$200,000
b)
$300,000
c)
$400,000
d)
$500,000

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