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nydimaria [60]
3 years ago
5

An examination of Hyong Corporation's inventory accounts revealed the following information:

Business
1 answer:
andreyandreev [35.5K]3 years ago
3 0

Answer:

Production= 45,000 units

Explanation:

Giving the following information:

Raw materials, June 1: 46,000 units

Raw materials, June 30: 51,000 units

Purchases of raw materials during June: 185,000 units

<u>First, we need to calculate the raw material used in production:</u>

<u></u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 46,000 + 185,000 - 51,000

Direct material used= 180,000

<u>Now, the production for the period:</u>

Production= 180,000/4

Production= 45,000 units

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