Question
Grollo Manufacturing has prepared the following information related to its operations during Year4 . Inventory Balances: 01/01/ Year4 12/31/ Year4 Raw materials 29500 16500 Work-in-progress
Grollo Manufacturing has prepared the following information related to its operations during Year4.
| Inventory Balances: |
|
|
|
| 01/01/Year4 | 12/31/Year4 |
| Raw materials | 29500 | 16500 |
| Work-in-progress | 57100 | 64900 |
| Finished Goods | 61500 | 52900 |
|
|
|
|
| Other information related to Year4: | ||
|
|
|
|
| Raw materials purchases | 93600 |
|
| Direct labor | 266500 |
|
| Plant Supervisory Costs | 46800 |
|
| Manufacturing Supplies | 17300 |
|
| Research and Development | 85900 |
|
| Plant Depreciation | 108000 |
|
| Miscellaneous Plant Costs | 12700 |
|
| Administrative Expenses | 104900 |
|
| Sales Revenue | 1285010 |
|
How much Raw materials did Groller Manufacturing use during Year4?
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Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
