Houston Corporation reports the following cost information for March
Cost of Goods Manufactured $75,000
Manufacturing Overhead 18,700
Finished Goods Inventory, March 1 4,000
Finished Goods Inventory, March 31 4,000
Work-in-Process Inventory, March 1 9,790
Work-in-Process Inventory, March 31 1,280
Direct Labor 36,800
What is the amount of direct materials used by the company in March?
A) $10,990
B) $8,510
C) $18,100
D) $19,500
A .A)
Cost of Goods Manufactured $75,000
Direct Labor (36,800 )
Manufacturing Overhead (18,700 )
Work-in-Process Inventory, March 1 (9,790 )
Work-in-Process Inventory, March 31 1,280
Direct Materials Used $10,990
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