Compute the October cost of direct materials used if raw material purchases for the month were $30,000 and the inventories were as follows:
Beginning Ending
|
Direct materials |
$7,000 |
$4,000 |
|
Work in Process |
$6,000 |
$7,500 |
|
Finished goods |
$10,000 |
$12,000 |
The cost of direct materials used would be:
A) $31,500
B) $29,500
C) $27,000
D) $33,000