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Use the Following Information for the Next 4 Questions

Question 98

Multiple Choice

Use the following information for the next 4 questions.
Rayfield Company's management accountant collected the following inventory and transaction data for the month: Use the following information for the next 4 questions. Rayfield Company's management accountant collected the following inventory and transaction data for the month:   The cost of goods available for sale was $1,370. Total manufacturing costs assigned to work-in-process during the month was $1,170. Manufacturing overhead was $334; and direct materials used were $386. -Direct materials purchased during the month were A)  $356 B)  $416 C)  $386 D)  $606 The cost of goods available for sale was $1,370. Total manufacturing costs assigned to work-in-process during the month was $1,170. Manufacturing overhead was $334; and direct materials used were $386.
-Direct materials purchased during the month were


A) $356
B) $416
C) $386
D) $606

Correct Answer:

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