What is the amount of direct materials used for the year

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The following accounts are from last year's books of Sharp Manufacturing:

Raw Materials     Bal        0

(b)      154,000 (a) 164,000     10,000

Work In Process

Bal        0        (f)     510,000 (b)   132,000

(c)   168,000  (e)        210,000         0

Finished Goods

Bal          0     (g)    460,000  (f) 510,000       50,000

Manufacturing Overhead

(b) 22,000

(e) 210,000

(c) 26,000

(d) 156,000

6,000

Cost of Goods Sold

(g) 460,000

Question 1: Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?

Reference no: EM132593790

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