E13

During January, its first month of operations, Concord Company accumulated the following manufacturing costs: raw materials purchased $5,500 on account, factory labor $8,000, and utilities payable $2,200. In January, requisitions of raw materials for production are as follows: Job 1$970, Job 2$1,400, Job 3$760, and general factory use $710. Record raw materials used. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)