Question: Saron Manufacturing Company reported the following materials data for the month ending April 30, 2012: Materials purchased...................................$860,000 Materials inventory, April 1..........................350,000 Materials inventory, April 30........................300,000

Saron Manufacturing Company reported the following materials data for the month ending April 30, 2012:
Materials purchased...................................$860,000
Materials inventory, April 1..........................350,000
Materials inventory, April 30........................300,000
Determine the cost of direct materials used in production by Saron during the month ended April 30, 2012.

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