Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Walker Manufacturing Company reported the following materials data for the month ending June 30:

Materials purchased $776,400
Materials inventory, June 1 219,000
Materials inventory, June 30 174,800

Determine the cost of direct materials used in production by Walker during the month ended June 30.

Sagot :

Answer:

the cost of direct material used is $820,600

Explanation:

The computation of the cost of direct material used is shown below:

= Opening inventory + material purchased - ending inventory

= $219,000 + $776,400 - $174,800

= $820,600

Hence, the cost of direct material used is $820,600

It could come by applying the above formula

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.