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On 1/31/2021, Salem Corporation had $23,790 in raw materials on hand in inventory. During the month of February, a total of $63,645 in raw materials
On 1/31/2021, Salem Corporation had $23,790 in raw materials on hand in inventory. During the month of February, a total of $63,645 in raw materials was applied to several in-process jobs and to manufacturing overhead as indirect materials. If the ending balance in raw materials inventory as of 2/28/2021 is $24,415, what is the dollar amount of raw materials purchased during the month?
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