Company M has reported the following information for the month of February:

Direct labor $$45,000$

Manufacturing overhead applied $$90,000$

Direct materials inventory has decreased by $$11,000$

Work in process inventory has increased by $$13,000$

Finished goods inventory has decreased by $$6,000$

Cost of goods manufactured $$185,000$

How much is the direct materials purchased during the month?

Answer rating: 100% (QA)

To calculate the direct materials purchased during the month we need to use the direct materials used formula which is Direct Materials Used Beginning ... View the full answer