Question Details

What is the amount of direct materials used 



Figure

InventorybalancesfortheJamesonCompanyinOctober2016areasfollows:

	October1,2106	October31,2016
Rawmaterials	$27,000	$21,000
Workinprocess	48,000	37,200
Finishedgoods	108,000	90,000

DuringOctober,purchasesofdirectmaterialswere$36,000.Directlaborandfactoryoverheadcostswere$60,000and$84,000,respectively.

1.	RefertoFigure.Whatisthecostofmaterialsusedinproduction?
a.$36,000
b.$42,000
c.$47,800
d.$54,000

2.	RefertoFigure.Whatarethetotalmanufacturingcostsaddedtoproductionintheperiod?
    a.$186,000
b.$180,000
c.$144,000
d.$174,200
3.	RefertoFigure.Whatisthecostofgoodsmanufactured?
a.$180,000
b.$186,000
c.$194,000
d.$196,800

4.	Thesumofthetotaladditionstoworkinprocessduringaperiodis
a.	totalmanufacturingcostsadded.
b.	factoryoverheadapplied.
c.	materialused.
d.	costofgoodsmanufactured.


5.	ThefollowinginformationfortheSuttonGlassCompanyhasbeenprovided:

Costofgoodsmanufactured	$100,000
Workinprocess:	
Beginning	15,000
Ending	20,000
Directlabor	30,000
Directmaterialsused	?
Factoryoverhead	45,000

What is the amount of direct materials used ?
a.$25,000
b.$30,000
c.$35,000
d.$100,000




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