Answer:
purchases= $83,000
Explanation:
Giving the following information:
May 1 May 30
Raw materials $35,500 $50,000
During May, $68,500 in raw materials (all direct materials) were drawn from inventory and used in production.
To calculate the direct material purchase, we need to use the following formula:
Direct material used= beginning inventory + purchases - ending inventory
68,500= 35,500 + purchases - 50,000
$83,000= purchases