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Question 6 (0.5 points) Consider the following taken from a schedule of cost of goods manufactured: Raw-material inventory, $45,000 beginning Purchases of raw materials $280,000

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Question 6 (0.5 points) Consider the following taken from a schedule of cost of goods manufactured: Raw-material inventory, $45,000 beginning Purchases of raw materials $280,000 Raw material used $225,000 Direct labor $300,000 $450,000 Total manufacturing overhead Total manufacturing costs $975,000 What was the amount of the ending raw-material inventory? $55,000 Total manufacturing costs $975,000 What was the amount of the ending raw material inventory? $55,000 $65.000 $15,000 $100,000 None of the above Question 9 (1 point) Consider the following taken from a schedule of cost of goods manufactured: Raw material used $140,000 Direct labor $500,000 Total manufacturing overhead $600,000 Beginning work-in-process $15,000 Cost of goods manufactured $1,205,000 What is the value of the ending work-in-process inventory? $50,000 $82,000 $70,000 $35,000 $65,000

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