Oriole Company reported the following amounts for May: Raw materials purchased Beginning raw materials inventory Ending raw materials inventory Direct labor incurred Indirect materials requisitioned and used Actual manufacturing overhead costs Beginning work-in-process inventory Ending work-in-process inventory $259000 O $263100. O $259000. O $261700. O $258600. 12500 8400 56000 4500 42000 15600 12500 How much is the cost of direct materials used in production?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Oriole Company reported the following amounts for May:
Raw materials purchased
Beginning raw materials inventory
Ending raw materials inventory
Direct labor incurred
Indirect materials requisitioned and used
Actual manufacturing overhead costs
Beginning work-in-process inventory
Ending work-in-process inventory
$259000
O $263100.
O $259000.
$261700.
O $258600.
12500
8400
56000
4500
42000
15600
12500
How much is the cost of direct materials used in production?
Transcribed Image Text:Oriole Company reported the following amounts for May: Raw materials purchased Beginning raw materials inventory Ending raw materials inventory Direct labor incurred Indirect materials requisitioned and used Actual manufacturing overhead costs Beginning work-in-process inventory Ending work-in-process inventory $259000 O $263100. O $259000. $261700. O $258600. 12500 8400 56000 4500 42000 15600 12500 How much is the cost of direct materials used in production?
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