Question: 1. Anheuser-Busch InBev is attempting to reduce its water usage. How could a company manager use a process cost summary to determine if the program to reduce water usage is successful?
2. Prepare journal entries to record its following production activities.
1. Purchased $80,000 of raw materials on credit.
2. Used $34,000 of direct materials in production.
3. Used $41,000 of indirect materials.