Solution-Compute the amount of direct materials used

Compute the amount of direct materials used

Assignment Help Accounting Basics

Reference no: EM132770157

Question - JHS Inc. has reported the following data:

Purchases of Raw Material $5,400

Freight In 150

Property Tax 950

Ending Inventory of Raw Materials 1,700

Beginning Inventory of Raw Materials 3,500

Required - Assuming that all materials used are direct materials, compute the amount of direct materials used.

a. $8,300

b. $7,500

c. $7,200

d. $7,350

Reference no: EM132770157

Questions Cloud

What amount is included in John gross estate : Owned land in an equal tenancy in common with Noah. The land is worth $400,000. What amount is included in John's gross estate

Cultural-social-political and environmental contexts : which extends the previous assignment's analyses to interpret the work in relation to its cultural, social, political and environmental contexts,

What will be the term of the annuity : If $445, 000 accumulated in an RRSP is used to purchase an annuity earning 7.2% compounded monthly. What will be the term of the annuity

What amount of sales dollars required to earn target income : What amount of sales dollars is required to earn a target income of $80,000 if total fixed costs are $100,000 and sales price per unit is $100

Compute the amount of direct materials used : Beginning Inventory of Raw Materials 3,500. Assuming that all materials used are direct materials, compute the amount of direct materials used

Strategic planning recommendations for property : Suppose you lead a task force that is developing a simulation to provide strategic planning recommendations for property use zoning for a county

What is the most would pay for the investment : If you require a 15 percent return, what is the most you would pay for this investment? You are looking into an investment that will pay you $12,000

What is the magnetic field direction at at the center of the : What is the magnetic field direction at at the center of the circular are (point P), due to Obtain an expression, in terms of R, θ, 1, for the munetic field β it at the center of the circular are (point P) in Figure 5. Write your answer in unit vect..

Pick one of the approaches to physical security : Pick one of the approaches to physical security and explain why you feel it is more effective than some of the other approaches,

User Account

All Pages

Compute the amount of direct materials used

Reference no: EM132770157

Reference no: EM132770157

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT