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QUESTION 13 Andrew industries purchased $165,000 of raw materials on account during the month of March the beginning role materials inventory balance was $22,000 and
QUESTION 13
Andrew industries purchased $165,000 of raw materials on account during the month of March the beginning role materials inventory balance was $22,000 and the materials used to complete jobs during the month were $141,000 of direct materials and $13,000 of indirect materials what is the ending Ron materials inventory balance for March?
a. $9000
b. $46,000
c. $24,000
d. $33,000
e. $11,000
QUESTION 17
if overhead applied is less than actual overhead in cured it is ?
a. over applied
b. normal
c. fully applied
d. expected
e. underapplied
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