Question

Linda company report la company reported the TODO Obrusy following amounts for 2010 Raw materials .. purchased : $83,000 Ending work in $6300 process inventory i wit 000 881 Chapel Beginning raw materials : 5, 200 Inventory Manufacturing cruanool overhead Cost: 36,000 applied Ending raw materials Inventory : 4,500 Beginning work in process Inventory 6.100 Calculate the cost cost of materials of materials used in production &
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Answer 1

(Paga No. Dato & Calculation : - Add Beginning Inventory of Raw material Raw material purchased Raw material Available for we Ending Inventory of Raw material Cost of material used in production = 5200 - 83000 = 88200 = 4500 = $83700 less Add beginning balance material purchase and of material to calculate used in production. of material and deduct Ending balance cost of material work in procees inventory as taken into Consideration while calculating total cost of goods manufactured Similarly mdg one cost is also considered when calculating cost of goods manufacturer when calculating material cost, Purchase Cost of material & Inventory of material are consideredo so total cost of material in production in this case is 883700.