question archive Suppose a bakery reports this information: What is the cost of direct materials used? A
Suppose a bakery reports this information: What is the cost of direct materials used? A
Subject:AccountingPrice: Bought3
Suppose a bakery reports this information:
What is the cost of direct materials used?
A. $101,000
B. $102,000
C. $103,000
D. $113,000
Beginning Direct Materials………………………......………………….$ 7,000
Ending Direct Materials…………………………………........…………….6.000
Beginning Work-in-Process Inventory………………………………..4.000
Ending Work-in-Process Inventory…………………………………...3.000
Beginning Finished Goods Inventory…………………………………2.000
Ending Finished Goods Inventory…………………………………….4 000
Direct Labor…………………………………………………………...........32.000
Purchases of Direct Materials………………………………………102.000
Manufacturing Overhead…………………………………………......20.000
