East Corp.’s records indicate the total costs charged to Work in Process in August was $436,000. Direct materials accounted for $200,000 and the remainder was labor and overhead. The rate paid to labor is $15 per hour while overhead is assigned at a rate of $23.43 per labor hour. The amount of direct labor costs for August were? (Round to the nearest $1.00.

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To calculate the amount of direct labor costs for August we need to subtra... View the full answer