Question

From the list below, select the items that are classified as a materials activity. Raw materials used unanswered Raw materials beginning inventory unanswered Raw materials purchases unanswered Work in process beginning inventory unanswered Goods manufactured unanswered Direct labor used unanswered Factor overhead used unanswered

Answer 1

Answer:

Raw materials beginning inventory

Raw materials purchases

Explanation:

Materials activities refer to those that have to do with the acquisition of raw materials and the amount of materials left. The production of goods adds raw materials from materials activity.

The Raw materials beginning inventory tells of how much material is left over from the last production cycle while raw materials purchases are acquisitions of raw materials. Both are therefore material activities.

Answer 2

Answer:

• Raw materials beginning inventory
• Raw materials purchases

Explanation:

Materials activities refer to those that have to do with the acquisition of raw materials and the amount of materials left. The production of goods adds raw materials from materials activity.

The Raw materials beginning inventory tells of how much material is left over from the last production cycle while raw materials purchases are acquisitions of raw materials. Both are therefore material activities.