Cost of direct materials used in production for a manufacturing company OBJ. 3 Rextacular Manufacturing Company reported

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Cost of direct materials used in production for a manufacturing company OBJ. 3 Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016:

Materials purchased $828,000 Materials inventory, June 1 279,000 Materials inventory, June 30 252,000 Determine the cost of direct materials used in production by Rextacular during the month ended June 30, 2016.

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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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