Calculate the direct material cost.

May 11, 2026Accounting

ScanSolve AI Answer

May 11, 2026

Here are the solutions to your accounting questions.

2.1.1: Calculate the direct material cost.

Step 1: Calculate the weighted-average cost per metre for materials available for use. $Weighted-average cost per metre = \frac{Total cost of material available for use}{Total metres available for use}$ $Weighted-average cost per metre = \frac{R958\,800}{20\,400 metres} = R47 per metre$

Step 2: Calculate the direct material cost (raw material issued to the factory).

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Calculate the direct material cost. Step 1: Calculate the weighted-average cost per metre for materials available for use.

Asked on May 11, 2026Accounting

This accounting problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

ScanSolve AI AnswerAnswered on May 11, 2026

Here are the solutions to your accounting questions. 2.1.1: Calculate the direct material cost. Step 1: Calculate the weighted-average cost per metre for materials available for use. Weighted-average cost per metre = Total cost of material available for useTotal metres available for use Weighted-average cost per metre = R958\,80020\,400 metres = R47 per metre Step 2: Calculate the direct material cost (raw material issued to the factory). Direct material cost = Met