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In July, Econo Company purchased materials costing $21,000 and incurred direct labour cost of $18,000. Manufacturing overhead totalled $32,000 for the month. Information on inventories

In July, Econo Company purchased materials costing $21,000 and incurred direct labour cost of $18,000. Manufacturing overhead totalled $32,000 for the month. Information on inventories was as follows:

July 1

July 31

Materials

$6,200

$7,100

Work-in-process

$ 700

$1,200

Finished goods

$3,300

$2,700

What was the cost of direct materials used in July?

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