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Compute the amount of raw materials used during November if $40,000 of raw materials were purchased during the month and if the inventories were as
Compute the amount of raw materials used during November if $40,000 of raw materials were purchased during the month and if the inventories were as follows:
| Inventories | Balance November 1 | Balance November 30 | ||||
| Raw materials | $ | 11,000 | $ | 6,000 | ||
| Work in process | $ | 8,000 | $ | 9,600 | ||
| Finished goods | $ | 12,000 | $ | 14,000 | ||
Multiple Choice
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$41,600
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$41,400
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$39,000
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$45,000
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