Rappaport Corporation reported the following data for the month of February:
-The direct materials cost for February is:

Question

Rappaport Corporation reported the following data for the month of February: 
-The direct materials cost for February is:

Quizplus · Accepted Answer

The direct materials cost can be calculated by subtracting the ending raw materials inventory from the sum of beginning raw materials inventory and direct materials purchases. 
Direct materials cost = Beginning raw materials inventory + Direct materials purchases - Ending raw materials inventory 
= $25,000 + $140,000 - $77,000 
= $88,000

Rappaport Corporation Reported the Following Data for the Month of February