Selected information regarding a company's most recent quarter follows (all data in thousands). Direct labor $580 Beginning work in process inventory $320 Ending work in process inventory $340 Cost of goods manufactured $1560 Manufacturing overhead $870What was the cost of direct materials used for the quarter? Question 30 options: $870 $530 $130 $1540
Selected information regarding a company's most recent quarter follows (all data in thousands). Direct labor $580 Beginning work in process inventory $320 Ending work in process inventory $340 Cost of goods manufactured $1560 Manufacturing overhead $870What was the cost of direct materials used for the quarter? Question 30 options: $870 $530 $130 $1540
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Selected information regarding a company's most recent quarter follows (all data in thousands).
What was the cost of direct materials used for the quarter?
Direct labor | $580 |
Beginning work in process inventory | $320 |
Ending work in process inventory | $340 |
Cost of goods manufactured | $1560 |
Manufacturing |
$870 |
Question 30 options:
|
$870
|
|
$530
|
|
$130
|
|
$1540
|
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