Opening stock of raw materials - #75,000
Purchase of raw materials - #330,000
Closing stock of raw materials - #80,000
Direct wages - #30,000
Carriages of raw materials - #10,000
Calculate the cost of raw materials used.
#495,000
#415,000
#325,000
#305,000
Correct answer is C
To calculate direct materials, add beginning direct materials to direct materials purchases and subtract ending direct materials.
75,000 + 330,000 - 80,000 = 325,000