Question:
Accounting for materials Consider the following T-accounts:
|
Materials inventory
|
|
Work in process inventory
|
|
Bal
|
50
|
|
Bal
|
15
|
|
|
Purchases
|
205
|
Used
|
Direct materials
|
|
Cost of goods
|
|
Bal
|
35
|
|
Direct labor
|
285
|
manufactured
|
|
|
|
|
Manufacturing overhead
|
135
|
|
|
|
|
|
Bal
|
45
|
|
Requirement
1. Use the T-accounts to determine direct materials used and indirect materials used.