Beginning Materials Inventory was $600. Ending Materials Inventory was $465. Materials used in production was $15,900, which included $1,200 of Indirect Materials. All purchases of inventory are on Account.
In the entry to record the purchase of Materials Inventory, how much was the credit to Accounts Payable?

Question

Beginning Materials Inventory was $600. Ending Materials Inventory was $465. Materials used in production was $15,900, which included $1,200 of Indirect Materials. All purchases of inventory are on Account. 
In the entry to record the purchase of Materials Inventory, how much was the credit to Accounts Payable?

Quizplus · Accepted Answer

The Answer of Beginning Materials Inventory was $600. Ending Materials Inventory was $465. Materials used in production was $15,900, which included $1,200 of Indirect Materials. All purchases of inventory are on Account. 
In the entry to record the purchase of Materials Inventory, how much was the credit to Accounts Payable?

Beginning Materials Inventory Was $600