Assume the following information pertaining to Moonbeam Comp

Assume the following information pertaining to Moonbeam Company Ending $135,800 $112,800 $140,200 Beginning $139,100 $91,500 $129,100 Finished good inventory ork in process inventory Direct materials Costs incurred during the period are as follows Total manufacturing costs Factory overhead Direct materials used $985,500 $222,500 $169,200 Materials purchases are calculated to be: $309,400 $964,200 $169,200 $985,500 $180,300 C. E.

Solution

Ans. Material Purchased =

Material Used + Ending Direct Material - Beginning Direct Material

Ans. Material Purchased =	Material Used + Ending Direct Material - Beginning Direct Material
=	$169,200 + $140,200 - $129,100
=	$180,300