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Q3. Prepare the schedule of raw materials placed in Production, with the help of Following information-(6marks) Raw materials inventory in beginning $40,000 Raw materials inventory

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Q3. Prepare the schedule of raw materials placed in Production, with the help of Following information-(6marks) Raw materials inventory in beginning $40,000 Raw materials inventory in end $25,000 Work in Process inventory in beginning $15,000 Finished goods inventory in beginning $50,000 Purchases of Raw materials Indirect materials included in manufacturing overheads Work in Process inventory in end $100,000 $55,000 $10,000 Finished goods inventory in end $5,000

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