Question
Andrew Industries purchased $173,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $23,600, and the materials
| Andrew Industries purchased $173,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $23,600, and the materials used to complete jobs during the month were $148,200 direct materials and $13,800 indirect materials. What is the ending Raw Materials Inventory balance for March? |
$48,400.
$12,600.
$34,600.
$24,800.
$9,800.
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Financial Accounting In An Economic Context
Authors: Jamie Pratt
7th Edition
0470128828, 978-0470128824
