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Question 24 of 60 < > View Policies Current Attempt in Progress Sarasota Company has the following cost information pertaining to their Raw Materials

Question 24 of 60 < > View Policies Current Attempt in Progress Sarasota Company has the following cost information pertaining to their Raw Materials Inventory account: December 31, balance (Ending) $35000 Material purchases $85500 Materials used during year $75500 What was the Raw Materials Inventory balance on January 1 (Beginning)? $145500 $12500 $25000 $50500 -/2 E

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