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Direct Materials Used in Production
Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $48,000 of materials in inventory. During the month of June, the company purchased $132,000 of materials. On June 30, materials inventory equaled $45,000.
Required:
Calculate the direct materials used in production for the month of June.

Respuesta :

ayokenny2001

Answer:

$135,000

Explanation:

The direct materials used in production for the month of June is computed as;

= Materials inventory at June 1 + Materials purchased during the month of June - Materials inventory at June 30

= $48,000 + $132,000 - $45,000

= $135,000

Therefore, the direct materials used in production for the month of June is $135,000

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