Current Attempt in Progress Using the following information, compute the cost of direct materials used. (Assume that all

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Current Attempt In Progress Using The Following Information Compute The Cost Of Direct Materials Used Assume That All 1 (43.04 KiB) Viewed 36 times

Current Attempt in Progress Using the following information, compute the cost of direct materials used. (Assume that all raw materials used were direct materials.) $ 35000 65000 27000 Raw materials irwentory, January 1 Raw materials inventory, December 31 Work in process, January 1 Work in process, December 31 Finished goods, January 1 Finished goods, December 31 Raw materials purchases 18000 60000 48000 1600000 Direct labor 890000 225000 75000 Factory utilities Indirect labor Factory depreciation Operating expenses 500000 630000 O $1635000 $1600000 O $1535000 O $1570000