Question: Multiple Choice Question 116 Using the following information, compute the direct materials used. Raw materials inventory, January 1 Raw materials inventory, December $15000 35000 31

Multiple Choice Question 116 Using the following information, compute the direct materials used. Raw materials inventory, January 1 Raw materials inventory, December $15000 35000 31 Work in process, January 1 Work in process, December 31 Finished goods, January 1 18000 12000 40000 32000 1800000 760000 150000 50000 400000 420000 Finished goods, December 31 Raw materials purchases Direct labor Factory utilities Indirect laborn Factory depreciation Operating expenses $1815000. $1800000. $1780000. $1850000

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