Question: Given table below answer the questions. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year Raw materials purchased Direct
Given table below answer the questions.
Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year Raw materials purchased Direct labor Factory overhead Beginning of Year $ 7,400 14,800 11,300 $ 126,300 95,400 43,200 End of Year $ 10,300 10,400 6,900 QS 14-16 (Algo) Computing direct materials used LO P2 Compute the cost of direct materials used for the current year. Cost of Direct Material Used is Computed as: 0 $ 0
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