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QS 18-16 (Algo) Computing direct materials used LO P2 Required information Use the following information for the Exercises below. (Algo) Skip to question [The following
QS 18-16 (Algo) Computing direct materials used LO P2
Required information
Use the following information for the Exercises below. (Algo)
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[The following information applies to the questions displayed below.]
Note: Assume all raw materials were used as direct materials.
Beginning of Year | End of Year | |
Inventories | ||
Raw materials inventory | $ 7,800 | $ 11,100 |
Work in process inventory | 15,600 | 10,800 |
Finished goods inventory | 12,100 | 7,300 |
Activity during current year | |
---|---|
Raw materials purchased | $ 127,100 |
Direct labor | 95,800 |
Factory overhead | 44,400 |
Compute the cost of direct materials used for the current year.
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. QS 18-16 (Algo) Computing direct materials used LO P2 Compute the cost of direct materials used for the current year
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