Materials to be used in production + Estimated ending materials inventory – Estimated beginning materials inventory = . (Enter only one word per blank.)

Break Down the Problem

1. Identify the components involved in the equation.
2. Understand what is being calculated.

Relevant Concepts

1. The equation given is generally used to determine the materials used in production over a specific period.
2. The formula can be expressed as: $\text{Materials Used} = \text{Materials to be used in production} + \text{Estimated Ending Materials Inventory} - \text{Estimated Beginning Materials Inventory}$

Analysis and Detail

1. Materials to be used in production is an input amount that reflects planned production needs.
2. Estimated ending materials inventory indicates what is left over at the end of the period.
3. Estimated beginning materials inventory is what was available at the start of the period.

Verify and Summarize

• The result indicates the total materials used in production during that specified period based on the changes in materials inventory.

Final Answer

Materials Used