Beginning raw materials inventory was $32,000. During the month, $276,000 of raw material was purchased. A count at the end of the month revealed that $28,000 of raw material was still present. What is the cost of direct material used?
Darshita Changed status to publish August 29, 2020
| Beginning raw material | 32000 |
| Add: Raw material Purchased | 276000 |
| Raw material Available for the use in production | 308000 |
| Less : Ending raw material | -28000 |
| Raw material used in production | 280000 |
So Raw material used in production = 280000
Darshita Changed status to publish August 29, 2020
