Walker Manufacturing Company reported the following materials data for the month ending June 30: MATERIALS PURCHASED $181,600 MATERIALS INVENTORY, JUNE 1 57,400 MATERIALS INVENTORY, JUNE 30 47,800 Determine the cost of direct materials used in production by Walker during the month ending June 30.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 11E: Cost of direct materials used in production for a manufacturing company Walker Manufacturing Company...
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Walker Manufacturing Company reported the following materials
data for the month ending June 30:
MATERIALS PURCHASED
$181,600
MATERIALS INVENTORY, JUNE 1
57,400
MATERIALS INVENTORY, JUNE 30 47,800
Determine the cost of direct materials used in production by Walker
during the month ending June 30.
Transcribed Image Text:Walker Manufacturing Company reported the following materials data for the month ending June 30: MATERIALS PURCHASED $181,600 MATERIALS INVENTORY, JUNE 1 57,400 MATERIALS INVENTORY, JUNE 30 47,800 Determine the cost of direct materials used in production by Walker during the month ending June 30.
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