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Stelmack Corporation, a manufacturing Corporation, has provided data concerning its operations for September The beginning balance in the raw materials account was $20,000 and the
Stelmack Corporation, a manufacturing Corporation, has provided data concerning its operations for September The beginning balance in the raw materials account was $20,000 and the ending balance was $27,000. Raw materials purchases during the month totaled $63,000. Manufacturing overhead cost incurred during the month was $53,000 of which $3.000 consisted of raw materials classified as indirect materials. The direct materials cost for September was: $63.000 $70.000 $56.000 $53.000
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