Job costing – Cost flows (LO2). Pear Co. provides you with the following data for the most recent year: Direct materials (beginning inventory) $80,000 Work-in-process (beginning inventory) $60,000...

Job costing – Cost flows (LO2). Pear Co. provides you with the following data for the most recent year:

Direct materials (beginning inventory) $80,000


Work-in-process (beginning inventory) $60,000


Finished goods (beginning inventory) $125,000


Direct labor $160,000


Direct materials (ending inventory) $120,000


Work-in-process (ending inventory) $30,000


Finished goods (ending inventory) $75,000


Manufacturing overhead costs $220,000


Cost of goods sold $800,000


Required: What was the cost of direct materials purchased?




May 26, 2022
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