Solution-What is the amount of direct materials used for

What is the amount of direct materials used for the year

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Reference no: EM132593790

The following accounts are from last year's books of Sharp Manufacturing:

Raw Materials Bal 0

(b) 154,000 (a) 164,000 10,000

Work In Process

Bal 0 (f) 510,000 (b) 132,000

Finished Goods

Bal 0 (g) 460,000 (f) 510,000 50,000

Manufacturing Overhead

(b) 22,000

(e) 210,000

(d) 156,000

6,000

Cost of Goods Sold

(g) 460,000

Question 1: Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?

Reference no: EM132593790

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What is the amount of direct materials used for the year

Reference no: EM132593790

Reference no: EM132593790

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