Lando Company reported the following amounts for 2008: Raw materials purchased ...........$ 98000 Beginning raw materials inventory
Question:
Lando Company reported the following amounts for 2008:
Raw materials purchased ...........$ 98000
Beginning raw materials inventory ....... $ 5200
Ending raw materials inventory ....... $ 4500
Ending work in process inventory ...... $ 6300
Manufacturing overhead costs applied ....$ 36000
Beginning work in process inventory ...... 6100
Instruction
Calculate the cost of materials used in production.
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Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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