Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

The following is the information for the Brendan's Bread bakery company.
Beginning raw materials inventory $53,200
Beginning work in process, inventory 78,400
Ending raw materials inventory 58,100
Ending work in process, inventory 98,000
Direct labor 149,800
Total factory overhead 105,000
Raw material purchases 210,000
What is the cost of materials available?

Sagot :

Parrain

Answer: $205,100

Explanation:

Cost of materials is the total amount spent on the materials that were used for production in the current period.

Formula is:

= Beginning raw material inventory + Raw material purchases - Ending raw material inventory

= 53,200 + 210,000 - 58,100

= $205,100

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.