Question
Cullumber Company reported the following amounts for May: Raw materials purchased $257000 Beginning raw materials inventory 12300 Ending raw materials inventory 8200 Direct labor
Cullumber Company reported the following amounts for May: Raw materials purchased $257000 Beginning raw materials inventory 12300 Ending raw materials inventory 8200 Direct labor incurred 54000 Indirect materials requisitioned and used 4300 Actual manufacturing overhead costs 40000 Beginning work-in-process inventory 15400 Ending work-in-process inventory 12300 How much is the cost of direct materials used in production?
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275
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