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2) Data for the cost of direct materials for the month ended March 31, 2022, are as follows: Raw materials inventory, March 1, 2022 $88,160
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Data for the cost of direct materials for the month ended March 31, 2022, are as follows: Raw materials inventory, March 1, 2022 $88,160 Raw materials inventory, March 31, 2022 81,200 During March, the company purchased $301,600 of raw materials on account from Sunland Company and $106,720 of raw materials for cash from Carla Vista Company. In addition, $58,000 was paid on the Sunland account balance. (Assume all raw materials used were direct materials.) Compute the cost of direct materials used during March. Cost of direct materials used during March $ Sheridan Manufacturing Company has the following data: Direct labor $133,400 Direct materials used 138,920 Total manufacturing overhead 191,360 Beginning work in process inventory 23,920 (a) Compute total manufacturing costs. Total manufacturing costs $Step by Step Solution
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