Cost of Direct Materials Used in Production for a Manufacturing Company Sepulveda Manufacturing Company reported the following materials data for the month ending November 30: Materials purchased $211,700 Materials inventory, November 1 66,800 Materials inventory, November 30 55,700 Determine the cost of direct materials used in production by Sepulveda during the month ended November 3o.

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
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Problem 11E: Cost of direct materials used in production for a manufacturing company Walker Manufacturing Company...
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Cost of Direct Materials Used in Production for a Manufacturing Company
Sepulveda Manufacturing Company reported the following materials data for the month ending November 30:
Materials purchased
$211,700
Materials inventory, November 1
66,800
Materials inventory, November 30
55,700
Determine the cost of direct materials used in production by Sepulveda during the month ended November 30.
Transcribed Image Text:Cost of Direct Materials Used in Production for a Manufacturing Company Sepulveda Manufacturing Company reported the following materials data for the month ending November 30: Materials purchased $211,700 Materials inventory, November 1 66,800 Materials inventory, November 30 55,700 Determine the cost of direct materials used in production by Sepulveda during the month ended November 30.
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