Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $27,000 and the ending balance was $50,000. Raw materials purchases during the month totaled $77,000. Manufacturing overhead cost incurred during the month was $118,000, of which $3,400 consisted of raw materials classified as indirect materials. The direct materials cost for May was:
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Home » Business » Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $27,000 and the ending balance was $50,000.