Question
Cost of Direct Materials Used in Production for a Manufacturing Company Sepulveda Manufacturing Company reported the following materials data for the month ending November 30:
Cost of Direct Materials Used in Production for a Manufacturing Company
Sepulveda Manufacturing Company reported the following materials data for the month ending November 30:
| Materials purchased | $572,400 |
| Materials inventory, November 1 | 75,700 |
| Materials inventory, November 30 | 94,800 |
Determine the cost of direct materials used in production by Sepulveda during the month ended November 30.
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Financial Accounting A Practical Introduction
Authors: Ilias Basioudis
1st Edition
0273714295, 978-0273714293
