Alpine Athletics Is Trying to Determine the Amount of Direct

Essay

Alpine Athletics is trying to determine the amount of direct materials used in production during the current month. Records indicate that the beginning inventory for the direct materials was $67,000 and that, based on a physical count, the ending inventory for the direct materials is $43,000. After contacting the purchasing department, it was noted that three separate purchases of direct materials were made during the month as follows:
a) How much of the direct materials were used in production during the current month?
b) If the beginning inventory for materials was $72,000 and the ending inventory for direct materials was $55,000, what amount of materials was used in production during the month?