Compute the amount of raw materials used during August if $40,000 of raw materials were purchased during the month and the inventories were as follows: Inventories Balance August 1 Balance August 311 Raw materials $3,300 $3,500 Work in process $9,000 $18,000 Finished goods $18,000 $10,000 $39,800 $21,500 $46,800 $18,000 4