NOTE: Please explain the steps necessary to calculate direct materials used. Thansk!! Selected information regarding a company's most recent quarter follows (all data in thousands).Direct labor$500$320Beginning work in process inventoryEnding work in process inventory$ 330Cost of goods manufacturedManufacturing overheadWhat was direct materials used for the quarter?O $250$1,550$490Oº $820$ 1,560$ 820

To find - what was direct materials used for the quarter?

Selected information regarding a company's most recent quarter follows (all data in thousands). Direct labor $500 Beginning work in process inventory $ 320 Ending work in process inventory $ 330 Cost of goods manufactured $ 1,560 Manufacturing overhead $ 820 What was direct materials used for the quarter?

Selected information regarding a company's most recent quarter follows (all data in thousands). Direct labor $500 Beginning work in process inventory $ 320 Ending work in process inventory $ 330 Cost of goods manufactured $ 1,560 Manufacturing overhead $ 820 What was direct materials used for the quarter?

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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NOTE: Please explain the steps necessary to calculate direct materials used. Thansk!!

Selected information regarding a company's most recent quarter follows (all data in thousands).
Direct labor
$
500
$
320
Beginning work in process inventory
Ending work in process inventory
$ 330
Cost of goods manufactured
Manufacturing overhead
What was direct materials used for the quarter?
O $250
$1,550
$490
Oº $820
$ 1,560
$ 820

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Hi! Thanks for the help. When I do this calculation myself I come up with 1,570. Am I doing something wring?

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