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As of December 31, 2020, Stand Still Industries had $1,500 of raw materials inventory. At the beginning of 2020, there was $1,200 of materials on
As of December 31, 2020, Stand Still Industries had $1,500 of raw materials inventory. At the beginning of 2020, there was $1,200 of materials on hand. During the year, the company purchased $183,000 of materials; however, it paid for only $175,500. How much inventory was requisitioned for use on jobs during 2020?
a.
$175,800
b.
$182,700
c.
$175,200
d.
$183,300
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