Lando Company reported the following amounts for 2016 : Raw materials purchased $ 83 , 000 Ending work in process inventory $ 6 , 300 Beginning raw materials inventory 5 , 200 Manufacturing overhead costs applied 36 , 000 Ending raw materials inventory 4 , 500 Beginning work in process inventory 6 , 100 \begin{array}{l} ext { Lando Company reported the following amounts for } 2016 ext { : }\\begin{array} { l r l r } ext { Raw materials purchased } & \$ 83,000 & ext { Ending work in process inventory } & \$ 6,300 \ ext { Beginning raw materials inventory } & 5,200 & ext { Manufacturing overhead costs applied } & 36,000 \ ext { Ending raw materials inventory } & 4,500 & ext { Beginning work in process inventory } & 6,100\end{array}\end{array} Lando Company reported the following amounts for 2016 : Raw materials purchased Beginning raw materials inventory Ending raw materials inventory $83 , 000 5 , 200 4 , 500 Ending work in process inventory Manufacturing overhead costs applied Beginning work in process inventory $6 , 300 36 , 000 6 , 100 InstructionsCalculate the cost of materials used in production

Question

Lando Company reported the following amounts for  2016  :   Raw materials purchased  $ 83 , 000  Ending work in process inventory  $ 6 , 300  Beginning raw materials inventory  5 , 200  Manufacturing overhead costs applied  36 , 000  Ending raw materials inventory  4 , 500  Beginning work in process inventory  6 , 100 \begin{array}{l}	ext { Lando Company reported the following amounts for } 2016 	ext { : }\\begin{array} { l r l r } 	ext { Raw materials purchased }  &  \$ 83,000  &  	ext { Ending work in process inventory }  &  \$ 6,300 \	ext { Beginning raw materials inventory }  &  5,200  &  	ext { Manufacturing overhead costs applied }  &  36,000 \	ext { Ending raw materials inventory }  &  4,500  &  	ext { Beginning work in process inventory }  &  6,100\end{array}\end{array}  Lando Company reported the following amounts for  2016  :   Raw materials purchased   Beginning raw materials inventory   Ending raw materials inventory  ​ $83 , 000 5 , 200 4 , 500 ​  Ending work in process inventory   Manufacturing overhead costs applied   Beginning work in process inventory  ​ $6 , 300 36 , 000 6 , 100 ​ ​  InstructionsCalculate the cost of materials used in production

Nasri George · Accepted Answer

Final Answer : $5200 + $83000 - $4500 = $83700

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