Compute the amount of direct materials used during August if $38,000 of raw materials were purchased during the month and the inventories were as follows. Balance Aug. 1 Balance Aug. 31 Inventories Raw Material $18,000 $16,000 Work-in-Process 26,000 29,000 Finished Goods 38,000 40,000

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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Compute the amount of direct materials used during

Compute the amount of direct materials used during
August if $38,000 of raw materials were purchased
during the month and the inventories were as follows.
Balance Aug. 1 Balance Aug. 31
Inventories
Raw Material $18,000
$16,000
Work-in-Process 26,000
29,000
Finished Goods 38,000
40,000
Transcribed Image Text:Compute the amount of direct materials used during August if $38,000 of raw materials were purchased during the month and the inventories were as follows. Balance Aug. 1 Balance Aug. 31 Inventories Raw Material $18,000 $16,000 Work-in-Process 26,000 29,000 Finished Goods 38,000 40,000
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