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As of December 31, 2020, Grapefruit Company had $600 of raw materials inventory. At the beginning of 2020, there was $1,000 of materials on hand.

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As of December 31, 2020, Grapefruit Company had $600 of raw materials inventory. At the beginning of 2020, there was $1,000 of materials on hand. During the year, the company purchased $304,000 of materials; however it paid for only $264,000. How much inventory was requisitioned for use on jobs during 2020? $303,600 O $304,400 $298,600 $299,400

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