Question
Alberta Office Equipment manufactures and sells metal shelving. It began operations on January 1, 2019. Revenues in 2019 were $423,500. The selling price per unit
Alberta
Office Equipment manufactures and sells metal shelving. It began operations on January 1,
2019.
Revenues in 2019 were $423,500.
The selling price per unit and the purchase price per kilogram of direct materials were stable throughout the year. The company's ending inventory of finished goods is carried at the average unit manufacturing costs for2019.
Finished goods inventory at December 31, 2019, was $22,400.
Requirement 1. Calculate direct materials inventory, total cost, December 31,
2019.
Determine the formula to calculate the total cost of direct materials inventory at December 31,
2019.
x | = | Ending direct materials total cost |
possible answers in drop down boxs^
-cost of goods manufactured
-direct materials cost per kilogram
-direct materials used in kilograms
-end direct materials in kilo grams
-total revenues
-total units produced
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