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
A. #495,000
B. #415,000
C. #325,000
D. #305,000
Correct Answer:
Option C – #325,000
Explanation
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
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