19. 3.50 points value: TB MC Qu. 2-92 McGown Corp has the following information

Question

19. 3.50 points value: TB MC Qu. 2-92 McGown Corp has the following information McGown Corp has the following information: Beginning Ending Inventory Inventory (12/31) $22,600 $36,000 $19,800 22,700 33,600 $20,600 Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows Raw materials purchases Direct labor Manufacturing overhead applied Indirect materlals $ 101,400 $ 80,200 $ 88,400 0 Compute the direct materials used in production. o $114,800 O $22,600 O $36,000 O $88,000

Explanation / Answer

Direct material used in production = Beginning raw material+raw material purchase-ending raw material-indirect material

= 22600+101400-36000-0

Direct material used in production = 88000

so answer is d) $88,000

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