Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

Consider the following information: R Raw materials inventory, beginning 3 000 Purchases x Raw materials, ending 5 000 Direct materials used 20 000 The cost

Consider the following information:

Raw materials inventory, beginning

3 000

Purchases

Raw materials, ending

5 000

Direct materials used

20 000

The cost of purchases of direct materials amount to _____ .

A.R28 000
B.R22 000
C.R25 000
D.R20 000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems Controls And Processes

Authors: Leslie Turner, Andrea B Weickgenannt, Mary Kay Copeland

4th Edition

1119577810, 9781119577812

More Books

Students also viewed these Accounting questions

Question

★★★★★

The Heese Restaurant Group supplies its franchise restaurants with many pre- manufactured ingredients (such as bags of frozen French fries), while other ingredients (such as lettuce and tomatoes) are...

Answered: 1 week ago

Question

★★★★★

Describe how different theorists explain change.

Answered: 1 week ago

Question

★★★★★

Explain how to handle criticism well.

Answered: 1 week ago

Question

★★★★★

1. Identify the major points you would include in a communications plan at this point in the project. 2. What advice would you give your project team to help it manage the user expectations? 3. What...

Answered: 1 week ago

Question

★★★★★

Write a MATLAB code using GAUSS ELIMINATION to find the solutions to the following system of equations: x+2y+3z=14 2x+3y+5z=23 5x+3y+z=14

Answered: 1 week ago

Question

★★★★★

1.How does the burden of proof differ in criminal versus civil cases? 2.What two elements normally must exist before a person can be held liable for a crime? 3.What are five broad categories of...

Answered: 1 week ago

Question

★★★★★

In your own words, please explain how activity based management is related to activity based costing (ABC)

Answered: 1 week ago

Question

★★★★★

What is the absolute difference in your total concentration of iodine in the CH2Cl2 phase, in mol/L, between your 'best two' determinations in Part 2 of the experiment? Use your own lab-obtained...

Answered: 1 week ago

Question

★★★★★

Develop a change management strategy Develop a change management strategy for the business. You can use an organisational template if you have one or you can use the Change Management Strategy...

Answered: 1 week ago

Question

★★★★★

Virginia Co . has a subsidiary in Hong Kong and in Thailand. Assume that the Hong Kong dollar ( HK$ ) is pegged at $ 0 . 1 2 per Hong Kong dollar and it will remain pegged. The Thai baht fluctuates...

Answered: 1 week ago

Question

★★★★★

(JMI) is a company that builds custom-designed metal-cutting machinery. JMI's minimum sales contract is typically for $1 million and many sales contracts are in excess of $5 million. It generally...

Answered: 1 week ago

Question

★★★★★

Asa provides consulting services to small businesses. He has a dedicated office that is used exclusively and regularly. The house is 3,200 square feet, and the office is 275 square feet. Asa did not...

Answered: 1 week ago

Question

★★★★★

The fear of making a fool of oneself

Answered: 1 week ago

Question

★★★★★

4. Develop circular models, with positive and negative feedback loops, for the following situations: (a) In a poor third-world country, the population increase has been very large in the last ten...

Answered: 1 week ago

Question

★★★★★

Annoyance about a statement that has been made by somebody

Answered: 1 week ago

Previous Question Next Question