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During the month of January, Robinson & Green Inc. had total manufacturing costs of $121,000. It incurred $44,000 of direct labor cost and $33,000 of manufacturing overhead cost during the month. If the materials inventory on January 1 was $3,300 less that the materials inventory on January 31, what was the cost of materials purchased during the month? Group of answer choices $37,000 $47,300 $40,000 None of these

During the month of January, Robinson & Green Inc. had total manufacturing costs of $121,000. It incurred $44,000 of direct labor cost and $33,000 of manufacturing overhead cost during the month. If the materials inventory on January 1 was $3,300 less that the materials inventory on January 31, what was the cost of materials purchased during the month? Group of answer choices $37,000 $47,300 $40,000 None of these

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...
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During the month of January, Robinson & Green Inc. had total manufacturing costs of $121,000. It incurred $44,000 of direct labor cost and $33,000 of manufacturing overhead cost during the month. If the materials inventory on January 1 was $3,300 less that the materials inventory on January 31, what was the cost of materials purchased during the month?
Group of answer choices
$37,000
$47,300
$40,000
None of these
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