Cost of Direct Materials Used in Production for a Manufacturing Company Walker Manufacturing Company reported the following materials data for the month ending June 30: Materials purchased Materials inventory, June 1 Materials inventory, June 30 $207,500 65,500 54,600 Determine the cost of direct materials used in production by Walker during the month ended June 30 $

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Cost of Direct Materials Used in Production for a
Manufacturing Company
Walker Manufacturing Company reported the following
materials data for the month ending June 30:
Materials purchased
Materials inventory, June 1
Materials inventory, June 30
$207,500
65,500
54,600
Determine the cost of direct materials used in
production by Walker during the month ended June 30.
$
Transcribed Image Text:Cost of Direct Materials Used in Production for a Manufacturing Company Walker Manufacturing Company reported the following materials data for the month ending June 30: Materials purchased Materials inventory, June 1 Materials inventory, June 30 $207,500 65,500 54,600 Determine the cost of direct materials used in production by Walker during the month ended June 30. $
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