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What was the amount of direct materials used in production

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Reference no: EM133185153

Question - Barricades Corporation provided the following information for the year 2015:

Beginning Balance-Work-in-Process $24,000

Inventory Ending Balance-Work-in-Process Inventory 56,000

Beginning Balance-Raw Materials Inventory 84,000

Ending Balance-Raw Materials Inventory 60,000

Purchases-Raw Materials 380,000

Direct Labor 470,000

Indirect Materials 47,000

Indirect Labor 19,000

Depreciation on Factory Plant & Equipment 24,000

Plant Utilities & Insurance 270,000

Required - What was the amount of direct materials used in production during 2015?

Reference no: EM133185153

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