Cullumber Company reported the following amounts for May: Raw materials purchased Beginning raw materials inventory Ending raw materials inventory Direct labor incurred Indirect materials requisitioned and used Actual manufacturing overhead costs Beginning work-in-process inventory Ending work-in-process inventory $257000 12300 8200 54000 4300 40000 15400 12300 How much is the cost of direct materials used in production?

Cullumber Company reported the following amounts for May: Raw materials purchased Beginning raw materials inventory Ending raw materials inventory Direct labor incurred Indirect materials requisitioned and used Actual manufacturing overhead costs Beginning work-in-process inventory Ending work-in-process inventory $257000 12300 8200 54000 4300 40000 15400 12300 How much is the cost of direct materials used in production?

Name: Cullumber Company reported the following amounts for May:Raw material
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Description: Cullumber Company reported the following amounts for May:Raw materials purchasedBeginning raw materials inventoryEnding raw materials inventoryDirect labor incurredIndirect materials requisitioned and usedActual manufacturing overhead costsBeginning

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...

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