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Figure 2-5

Question 12

Multiple Choice

Figure 2-5. In July,Econo Company purchased materials costing $21,000 and incurred direct labor cost of $18,000.Overhead totaled $32,000 for the month.Information on inventories was as follows:
Figure 2-5. In July,Econo Company purchased materials costing $21,000 and incurred direct labor cost of $18,000.Overhead totaled $32,000 for the month.Information on inventories was as follows: Refer to Figure 2-5.What was the cost of direct materials used in July? A) $21,000 B) $20,100 C) $21,900 D) $20,500 Refer to Figure 2-5.What was the cost of direct materials used in July?


A) $21,000
B) $20,100
C) $21,900
D) $20,500

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