The following inventory data relate to Hometown Corp: Finished goods, ending - 75,000; Finished goods, beginning - 110,000; Work in process, ending - 80,000; Work in process, beginning - 70,000;...


The following inventory data relate to<br>Hometown Corp: Finished goods,<br>ending - 75,000; Finished goods,<br>beginning - 110,000; Work in process,<br>ending - 80,000; Work in process,<br>beginning - 70,000; Direct materials,<br>ending - 95,000; Direct materials,<br>beginning - 90,000. Revenues and<br>costs for the period: Sales - 900,000;<br>Cost of goods available for sale -<br>775,000; Total manufacturing costs -<br>675,000; Factory Overhead -<br>175,000; Direct materials used -<br>205,000. Calculate the direct<br>materials purchased. *<br>

Extracted text: The following inventory data relate to Hometown Corp: Finished goods, ending - 75,000; Finished goods, beginning - 110,000; Work in process, ending - 80,000; Work in process, beginning - 70,000; Direct materials, ending - 95,000; Direct materials, beginning - 90,000. Revenues and costs for the period: Sales - 900,000; Cost of goods available for sale - 775,000; Total manufacturing costs - 675,000; Factory Overhead - 175,000; Direct materials used - 205,000. Calculate the direct materials purchased. *

Jun 09, 2022
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