Question 8 4.5 pts Selected data concerning the past year's operations of the Lone Star Leather Company are as follows: Inventories Direct Material Work in process Finished goods Other Data: Direct material used Beginning Ending $142,000 $162,000 160,000 60,000 180,000 220,000 652,000 Total manufacturing costs charged to production during the year (includes direct material, direct labor, and manufacturing overhead applied at a rate of 60% of direct labor cost) 1,372,000 Cost of goods sold Selling and administrative expenses Sales Revenue 1,432,000 63,000 1.700,000 TAIL nhardt rhon 1,372,000 direct material, direct labor, and manufacturing overhead applied at a rate of 60% of direct labor cost) 1,432,000 Cost of goods sold Selling and administrative expenses Sales Revenue 63,000 1,700,000 What was the direct-labor cost charged to production (WIP) during the year? O $720,000 O $450,000 $857,500 O $514,500 O $270,000