Cost of direct materials used in production for a, Financial Accounting

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Cost of direct materials used in production for a

Cost of Direct Materials Used in Production for a Manufacturing Company

Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016:

Materials purchased $828,000

Materials inventory, June 1 279,000

Materials inventory, June 30 252,000

Determine the cost of direct materials used in production by Rextacular during the month ended June 30, 2016.

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Financial Accounting: Cost of direct materials used in production for a

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Financial Accounting: Cost of direct materials used in production for a

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