Using the Following Information, Compute the Cost of Direct Materials

question 23

Multiple Choice

Using the following information, compute the cost of direct materials used.

• A) $1,740,000.
• B) $1,830,000.
• C) $1,800,000.
• D) $1,770,000.

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Definitions:

Average Cheque

The average amount of money received or paid in transactions, commonly used in banking and retail settings.

Mail Delivery

The system of transporting and distributing letters and packages from senders to recipients.

Processing Time

The amount of time taken to complete a particular process, task, or operation.

Same Day Value

Bank makes proceeds of cheques deposited available the same day before cheques clear.