1 February 28 February Direct Materials R67 000 R62 000 Work In Process R145 000 R171 000 Finished Goods R85 000 R78 000 1 (127.01 KiB) Viewed 39 times
Mkotjo Mkotjo Company’s opening and closing inventories for the month of February were as follows
1 February 28 February Direct materials R67 000 R62 000 Work-in-process R145 000 R171 000 Finished goods R85 000 R78 000 Manufacturing information for the month is as follows: Direct labour cost incurred R200 000 Work-in-process R132 000 Direct materials purchased R165 000 The company absorbs manufacturing overhead to jobs at the rate of 70% of direct labour cost incurred. The cost of direct materials used in production was: Select one: O A. R165 000 B. R232 000 O C. R170 000 D. R160 000
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