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13 September, 08:53

Sound Company reported the following amounts for May: Raw materials purchased $254,000 Beginning raw materials inventory 12,000 Ending raw materials inventory 7,900 Direct labor incurred 51,000 Indirect materials requisitioned and used 4,000 Actual manufacturing overhead costs 36,800 Beginning work-in-process inventory 15,100 Ending work-in-process inventory 12,000 How much is the cost of direct materials used in production

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  1. 13 September, 09:04
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    The answer is $254,100

    Explanation:

    $254,100.

    We begin by summing the Beginning raw materials inventory of $ 12,000 with the Raw materials purchased 254,000

    12,000 + 254000

    = Materials available = $266,000

    Less ending raw materials inventory 7,900

    Less indirect materials used 4,000

    7,900 + 4000

    =11,900

    We have to subtract 11,900 from 266,000

    = 266000 - 11900

    =$254,100

    Direct materials used in production

    $254,100
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