Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Raw materials purchased were $45,000, the beginning balance was $10,000. Ending inventory was $12,000 and indirect materials used were $25,000. The amount of raw materials

Raw materials purchased were $45,000, the beginning balance was $10,000. Ending inventory was $12,000 and indirect materials used were $25,000. The amount of raw materials used was: (Explain and show work)

a. $28,000.

b. $30,000.

c. $43,000.

d. $53,000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Funded The Entrepreneurs Guide To Raising Your First Round

Authors: Katherine Hague

1st Edition

1491940263, 9781491940266

More Books

Students also viewed these Accounting questions

Question

=+b) Cut the runs to 8 by testing only in hot water.

Answered: 1 week ago

Question

Explain the relationship between language and culture

Answered: 1 week ago

Question

Compare and contrast elaborated and restricted codes

Answered: 1 week ago