Using the following information, compute the direct materials used. Raw materials inventory, January 1 $ 20000 Raw materials inventory, December 31 40000 Work in process, January 1 18000 Work in process, December 31 12000 Finished goods, January 1 40000 Finished goods, December 31 32000 Raw materials purchases 1800000 Direct labor 760000 Factory utilities 150000 Indirect labor 50000 Factory depreciation 400000 Operating expenses 420000

$1,320,000

Explanation:

According to the scenario, computation of the given data are as follow:-

Purchase of raw material = $1,800,000

Opening stock of raw material = $20,000

Closing stock of raw material = -$3,140,000

Direct Material Used = Purchase of Raw Material + Opening Stock of Raw Material - Closing Stock of Raw Material

= $1,800,000 + $20,000 - $3,140,000

= $1,320,000

it established new limitations on use and disclosure for marketing purposes, prohibited selling medical information, expanded individuals’ rights to accessing their own information, and to obtain restrictions from certain disclosures of protected heath information to health plans.