Selected operating data from Beta Company from last year is shown below Based on this information calculate (a) direct materials used during the year and (b) total manufacturing costs Direct materials (beginning balance) $20,000 Direct materials (ending balance) 24,000 Direct labor used 30,000 Allocated overhead 50,000 Purchases 30,000

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Question: Selected operating data from Beta Company from last year is shown below. Based on this information calculate (a) direct materials used during the year and

Selected operating data from Beta Company from last year is shown below. Based on this information calculate (a) direct materials used during the year and (b) total manufacturing costs.

Direct materials (beginning balance)	$20,000
Direct materials (ending balance)	24,000
Direct labor used	30,000
Allocated overhead	50,000
Purchases	30,000

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