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maxonik [38]
3 years ago
9

Delgato Corporation, a manufacturing company, has provided data concerning its operations for September. The beginning balance i

n the raw materials account was $55,000 and the ending balance was $47,000. Raw materials purchases during the month totaled $93,000. Manufacturing overhead cost incurred during the month was $120,000, of which $3,000 consisted of raw materials classified as indirect materials. The direct materials cost for November was:
Business
1 answer:
Strike441 [17]3 years ago
3 0

Answer:

$101,000

Provided

Opening Material = $55,000

Add: Raw Material Purchases = $93,000

Less: Closing Material = ($47,000)

Net Direct Material Cost = $101,000

Note: This further cost provided of Manufacturing overheads is not to be considered as this is not material cost, and cost of overheads.

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