In July, Greenwood Company purchased materials costing $23,100 and incurred direct labor cost of $19,800.Manufacturing overhead totaled $35,200 for the month.Information on inventories was as follows:
What was the cost of direct materials used in production for the month of July?

Question

In July, Greenwood Company purchased materials costing $23,100 and incurred direct labor cost of $19,800.Manufacturing overhead totaled $35,200 for the month.Information on inventories was as follows:
 What was the cost of direct materials used in production for the month of July?

Quizplus · Accepted Answer

SUPPORTING CALCULATIONS:
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In July, Greenwood Company Purchased Materials Costing $23,100 and Incurred