Respuesta :
The direct materials used in production for last year are:
Amount
Beginning balance, raw materials $124,000
Add: Raw materials purchase $250,000
Add: Raw materials for production $374,000
Add: Raw materials, ending balance ($102,000)
Cost of Direct materials $272,000
What's the raw material?
- A raw material, also known as a feedstock, undressed material, or primary commodity, is an introductory material that's used to produce goods, finished goods, energy, or intermediate accouterments that are feedstock for future finished products.
- As feedstock, the term connotes these accouterments are tailback means and are needed to produce other products.
- The term raw material denotes accouterments in undressed or minimally reused countries; e.g., raw latex, crude oil painting, cotton, coal, raw biomass, iron ore, air, logs, water, or" any product of husbandry, forestry, fishing or mineral in its natural form or which has experienced the metamorphosis needed to prepare it for transnational marketing in substantial volumes"
What's the use of raw material?
- Raw material use' takes account of the use of all renewable and nonrenewable coffers, while' mineral birth' accounts for all mineral material consumed in a process/ product/ design, eg, the birth of summations, essence ores, and minerals.
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