Solved

Instructions
Calculate the Cost of Materials Used in Production

Question 191

Short Answer

 Lando Company reported the following amounts for 2016 :  Raw materials purchased $83,000 Ending work in process inventory $6,300 Beginning raw materials inventory 5,200 Manufacturing overhead costs applied 36,000 Ending raw materials inventory 4,500 Beginning work in process inventory 6,100\begin{array}{l}\text { Lando Company reported the following amounts for } 2016 \text { : }\\\begin{array} { l r l r } \text { Raw materials purchased } & \$ 83,000 & \text { Ending work in process inventory } & \$ 6,300 \\\text { Beginning raw materials inventory } & 5,200 & \text { Manufacturing overhead costs applied } & 36,000 \\\text { Ending raw materials inventory } & 4,500 & \text { Beginning work in process inventory } & 6,100\end{array}\end{array} Instructions
Calculate the cost of materials used in production

Correct Answer:

verifed

Verified

$5200 + $8...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions