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Johnson Company supplies the following data and information on inventories at the end of the current year. January 1 December 31 Materials $20,000 $15,000 Work
Johnson Company supplies the following data and information on inventories at the end of the current year.
January 1 December 31
Materials $20,000 $15,000
Work in Process $12,000 $18,000
Finished goods $100,000 $120,000
Direct Labor $65,000
Purchase of raw materials $80,000
Overhead $155,000
Calculate Direct Materials Used for the year.
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