Mitchell, Inc. manufactures calculators and employs an actual costing system. During March, Mitchell's transactions and accounts included the following:
|
Sales
|
$320,000
|
Raw materials inventory, beginning
|
$6,500
|
|
Raw materials acquired (cash paid)
|
135,000
|
Raw materials inventory, ending
|
5,800
|
|
Raw materials received on account
|
30,000
|
Finished goods inventory, beginning
|
11,200
|
|
Direct labor cost incurred
|
42,000
|
Finished goods inventory, ending
|
12,400
|
|
Cost to deliver products to customers
|
800
|
Work in process inventory, beg.
|
18,700
|
|
Total manufacturing overhead incurred
|
72,000
|
Work in process inventory, ending
|
19,700
|
A. How much is the cost of direct materials transferred to production during June?