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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $500 Ending raw materials inventory $200
Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $500 Ending raw materials inventory $200 Direct labor $260 Operating expenses $720 Purchases of direct materials $590 Beginning work in process inventory $330 Ending work in process inventory $680 Sales revenue $4800 Manufacturing overhead $820 Beginning finished goods inventory $290 Ending finished goods inventory $340 What was the cost of direct materials used? $890 $300 $590 $1090
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