JHS Inc. has reported the following data:

Purchases of Raw Material $5,400

Freight In 150

Property Tax 950

Ending Inventory of Raw Materials 1,700

Beginning Inventory of Raw Materials 3,500

Assuming that all materials used are direct materials, compute the amount of direct materials used.

	a.	$7,200
	b.	$8,300
	c.	$7,350
	d.	$7,500

17)

QUESTION 17

1. 1. Frisco Company's accounting records reflect the following inventories:

   Dec. 31, 2019 Dec. 31, 2018

   Raw materials inventory $310,000 $260,000

   Work in process inventory 300,000 160,000

   Finished goods inventory 790,000 250,000

   During 2019, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000.

   If Frisco's cost of goods manufactured for 2019 amounted to $1,890,000, its cost of goods sold for the year is

   	a.	$790,000.
   	b.	$2,290,000.
   	c.	$1,990,000.
   	d.	$1,350,000.