Information on Kwon Manufacturing??s activities for its firstmonth of operations follows:a. Purchased $101,500 of raw materials on credit.b. Materials requisitions show the following materials use

Information on Kwon Manufacturingâ??s activities for its firstmonth of operations follows:a. Purchased $101,500 of raw materials on credit.b. Materials requisitions show the following materials use \begin{tabular}{lr} Job 201 & \( \$ 49,700 \) \\ Job 202 & 25,100 \\ Total direct materials & 74,800 \\ Indirect materials & 10,120 \\ \hline Total materials used & \( \$ 84,920 \) \\ \hline \end{tabu 2 answers