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Consider the following scenario: 1/12 Inventory raw material 150 units @ $ 15.00 = $2,250 6/12 Received 150 units @ $15.50 = $2,325 10/12 Issued

Consider the following scenario: 1/12 Inventory raw material 150 units @ $ 15.00 = $2,250 6/12 Received 150 units @ $15.50 = $2,325 10/12 Issued to factory 180 units 21/12 Received 150 units @ $15.60 ...

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