Figure 2-13
Inventory balances for the Jameson Company in October 2016 are as follows:
During October, purchases of direct materials were $36,000. Direct labor and factory overhead costs were $60,000 and $84,000, respectively.
-Refer to Figure 2-13. What is the cost of materials used in production?
A) $36,000
B) $42,000
C) $47,800
D) $54,000
Correct Answer:
Verified
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