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As of December 31, 2020, GloryBe Industries had $1,000 of raw materials inventory. At the beginning of 2020, there was $800 of materials on
As of December 31, 2020, GloryBe Industries had $1,000 of raw materials inventory. At the beginning of 2020, there was $800 of materials on hand. During the year, the company purchased $122,000 of materials, however paid for only $117,000. How much inventory was requisitioned for use on jobs during 2020? Select one: O $122,200 O $117,200 O $121,800 $116,800
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