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2 Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $26,500
2 Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $26,500 and the ending balance was $49,000. Raw materials purchases during the month totaled $76,000. Manufacturing overhead cost incurred during the month was $117,500, of which $3,300 consisted of raw materials classified as indirect materials. The direct materials cost for May was Multiple Choice $76,000 O O $53,500 $98,500 $50,200
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