Gaynor company started march with $35,000 in direct materials inventory. during the month, direct materials in the amount of $145,000 were purchased and $22,000 was in the ending direct materials inventory at the end of march. what was the amount of direct material used in production in march?

$ 158,000

Explanation:

      $  

  35,000  Beggining Balance(BB ) +

 145,000Purchases                   (P)   +

-158,000 Consumption                   (C )  -

   22,000Ending balance      (EB ) =

Formulas:  

EB= BB + P - C  

C=   BB + P - EB  

Material used ( Consumption ) = Material in Stock + Material purchased in the period  - Material remaining at the end of period

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is this good enough?

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed