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ID: 2330566 • Letter: A

Question

and rom ps//v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator assignment omework-Chapter 1 ement of cost of ooods manufactured and income statement for a manufacturing company eBook Show Me How Calculator Statement of Cost of Goods ManufacturedIncome Statement Statement of Cost of Goods Manufactured Score: 51/164 Robstown Corporation Statement of Cost of Goods Manufacturd For the Year Ended December 31,20Y8 63,900.00 1 Work in process inventory. January 1. 20Y8 Direct materials $44250.00 556 600.00 600.850.00 Materials inventory.January 1. 208 Purchases s Cost of matesials available for use Materials inventory December 31.208 Cost of dinect materials used in production Direct abor pe here to searc

Explanation / Answer

The ending inventory for December 31 will be given in the question itself. Kindly check it once again.

Usually Ending Inventory of raw materials = Beginning raw materials inventory + purchases of raw materials - Direct materials used.

As per your question, there should be atleast one figure to arrive at the other, i.e ending inventory should be provided to arrive at cost of direct materials used in production or vice versa.