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Clapton Company had the following beginning and ending inventory balances for the current year ended December 31: Materials January 1 December 31 $11,114 $6,228
Clapton Company had the following beginning and ending inventory balances for the current year ended December 31: Materials January 1 December 31 $11,114 $6,228 Work in Process 19,800 18,700 Finished Goods 23,100 18,150 In addition, direct labor costs of $33,000 were incurred, manufacturing overhead equaled $46,200, materials purchased were $29,133, and selling and administrative costs were $24,200. Clapton Co. sold 27,500 units of product during the year at a sales price of $5.25 per unit. What was the Direct Materials Used in Production for the year?
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