Solution-What was the cost of the direct materials used

What was the cost of the direct materials used

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Reference no: EM132819192

Question - Jewelita Manufacturing began the month of February with the following inventories.

Direct Materials Inventory $1000

Work in Process Inventory $750

Finished Goods Inventory $1770

During the month, Jewelita purchased $5900 in direct materials and used $5920 in direct labor. At the end of the month, the inventory values for Jewelita Manufacturing were as follows.

Direct Materials Inventory $1590

Work in Process Inventory $640

Finished Goods Inventory $1400

Jewelita had $3950 in manufacturing overhead costs for February. What was the cost of the direct materials used in production during February?

Reference no: EM132819192

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What was the cost of the direct materials used

Reference no: EM132819192

Reference no: EM132819192

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