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  book-img-for-question

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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