The following data apply to Stratford Ltd: Direct materials inventory, beginning of the year $5,500 Direct materials inventory, end of the year $3,000 Direct materials purchased during the year $45,000 Calculate the amount of direct materials used during the year. Select one: O a. $36 500 O b. $53 500 c. $42 500 O d. $47 500
The following data apply to Stratford Ltd: Direct materials inventory, beginning of the year $5,500 Direct materials inventory, end of the year $3,000 Direct materials purchased during the year $45,000 Calculate the amount of direct materials used during the year. Select one: O a. $36 500 O b. $53 500 c. $42 500 O d. $47 500
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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