Answer:
Materials used during the period $ 113,120
Explanation:
The credit side of the Factory overhead is the applied overhead
Thus: 90,720 os 60% of labor: 90,720 / 0.6 = 151,200
Good in Process
Beginning Balance 100,800
Materials X
Labor 151,200
Overhead 90,720
Transferred-out (Y)
Ending Balance 131,040
Finished Goods
The debit of 324,800 represents the amount transferred out from Goods in Process. Having this, we can solve for direct materials
Beginning Balance 100,800
Materials X
Labor 151,200
Overhead 90,720
Transferred-out (324,800)
Ending Balance 131,040
material = 131,040 + 324,800 - 90,720 - 151,200 - 100,800 = 113,120
