Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materia account was $20,000 and the ending balance was $36,000. Raw materials purchases during the month totaled $63,000. Manufacturing overhead incurred during the month was $111,000, of which $2,000 consisted of raw materials classified as indirect materials. The direct materials cost for M was: Multiple Choice O $63,000 $47,000 $79,000 $45,000

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Chapter1: Financial Statements And Business Decisions
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Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials
account was $20,000 and the ending balance was $36,000. Raw materials purchases during the month totaled $63,000. Manufacturing overhead cost
incurred during the month was $111,000, of which $2,000 consisted of raw materials classified as indirect materials. The direct materials cost for May
was:
Multiple Choice
O
O
O
$63,000
$47,000
$79,000
$45,000
Transcribed Image Text:Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $20,000 and the ending balance was $36,000. Raw materials purchases during the month totaled $63,000. Manufacturing overhead cost incurred during the month was $111,000, of which $2,000 consisted of raw materials classified as indirect materials. The direct materials cost for May was: Multiple Choice O O O $63,000 $47,000 $79,000 $45,000
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