Assume the following: Purchases of raw materials $ 38,000 Indirect materials used in production $ 6,000 Beginning raw materials inventory $ 10,000 Ending raw materials inventory $ 14,000 What is the direct materials used in production?
Assume the following: Purchases of raw materials $ 38,000 Indirect materials used in production $ 6,000 Beginning raw materials inventory $ 10,000 Ending raw materials inventory $ 14,000 What is the direct materials used in production?
Chapter5: Process Costing
Section: Chapter Questions
Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...
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Assume the following:
Purchases of raw materials | $ 38,000 |
---|---|
Indirect materials used in production | $ 6,000 |
Beginning raw materials inventory | $ 10,000 |
Ending raw materials inventory | $ 14,000 |
What is the direct materials used in production?
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