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Compute the amount of raw materials used during August if $28,000 of raw materials were purchased during the month and the inventories were as follows:
Compute the amount of raw materials used during August if $28,000 of raw materials were purchased during the month and the inventories were as follows: |
Inventories | Balance August 1 | Balance August 31 |
Raw materials | $4,000 | $1,800 |
Work in process | $13,000 | $19,000 |
Finished goods | $31,000 | $13,000 |
$33,800
$19,000
$20,800
$30,200
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