during the current year the cost of direct materials purchased by a manufacturing firm was...

80.2K

Verified Solution

Question

Accounting

during the current year the cost of direct materials purchased by a manufacturing firm was 340,000 and the direct materials inventory increased by 65000. what was the cost of direct materials used during the year?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students