Wildhorse Company reported the following amounts for 2022: Raw materials purchased Beginning Raw Materials Inventory Ending Raw Materials Inventory $101,260 Cost of materials used $ 6,344 5,490 Calculate the cost of materials used in production. Ending Work in Process Inventory Manufacturing overhead costs applied Beginning Work in Process Inventory $7,686 43,920 7,442

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Wildhorse Company reported the following amounts for 2022:
Raw materials purchased
Beginning Raw Materials Inventory
Ending Raw Materials Inventory
Ending Work in Process Inventory
Manufacturing overhead costs applied
5,490 Beginning Work in Process Inventory
Cost of materials used $
$101,260
6,344
Calculate the cost of materials used in production.
ہے
$7,686
43,920
7,442
Transcribed Image Text:Wildhorse Company reported the following amounts for 2022: Raw materials purchased Beginning Raw Materials Inventory Ending Raw Materials Inventory Ending Work in Process Inventory Manufacturing overhead costs applied 5,490 Beginning Work in Process Inventory Cost of materials used $ $101,260 6,344 Calculate the cost of materials used in production. ہے $7,686 43,920 7,442
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