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(Chod.com es/175780/quizzes/433157/take/questions/8155631 A company compiled the following information for the current year. (Assume that all raw materials used were direct materials) Raw materials inventory,

(Chod.com es/175780/quizzes/433157/take/questions/8155631 A company compiled the following information for the current year. (Assume that all raw materials used were direct materials) Raw materials inventory, January $30000 1 Raw materials inventory. 50000 December 31 Work in process, January 1 18000 Work in process, December 31 12000 Finished goods, January 1 40000 Finished goods, December 31 32000 Raw materials purchases 1500000 Direct labor 760000 Factory utilities 150000 A # F4 DELL 391 F7 FB F5 F6 144 N % M 100 20 & 61 F9 a * F10

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