Question
Compute the amount of raw materials used during November if $32,500 of raw materials were purchased during the month and if the inventories were as
Compute the amount of raw materials used during November if $32,500 of raw materials were purchased during the month and if the inventories were as follows:
| Inventories | Balance November 1 | Balance November 30 |
|---|---|---|
| Raw materials | $ 8,000 | $ 4,500 |
| Work in process | $ 6,500 | $ 8,000 |
| Finished goods | $ 10,500 | $ 12,500 |
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Auditing a business risk appraoch
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
6th Edition
9780324645095, 324645090, 978-0324375589
