# Okoboji Manufacturing Company reported the following materials data for the month ending November...

## Question:

Okoboji Manufacturing Company reported the following materials data for the month ending November 30:

 Materials purchased $213,900 Materials inventory, November 1 67,600 Materials inventory, November 30 56,300 Determine the cost of direct materials used in production by Okoboji during the month ended November 30. ## Answer and Explanation: Answer: The cost of direct materials used in production by Okoboji during the month ended November 30 is$225,200.

Explanation:

Okoboji Manufacturing Company reported that:

• Materials purchased = $213,900 • Materials inventory, November 1 (Beginning) =$67,600
• Materials inventory, November 30 (Ending) = $56,300 Formula: Direct materials used in production = Beginning Materials inventory + Materials purchased - Ending Materials inventory Direct materials used in production =$67,600 + $213,900 -$56,300

Direct materials used in production = \$225,200