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Vesnalui [34]
3 years ago
6

Determine the formula, then calculate ending direct materials total cost.

Business
1 answer:
forsale [732]3 years ago
8 0
<span>Fortunately, this is a simple calculation to compute; use the value of your starting direct materials inventory, your direct materials purchased and your direct materials used to find the ending inventory of direct materials.</span>
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Please see attachment

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Please see attachment

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2 years ago
RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.
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RecRoom Equipment Company

Date                 Particulars               Debit              Credit

1Nov            Note Receivable      $ 13,200

                          Account Receivable                 $ 13,200

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31 December  Interest Receivable        $ 924

                              Interest Revenue                $ 924

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  RecRoom receives the interest on the note's maturity date. RecRoom receives the principal on the note's maturity date.                                    

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