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Requlred information

$[$The following information applies to the questions displayed below.$]$

Bunnell Corporation is a manufacturer that uses Job$-$order costing. On January $1,$ the company's Inventory balances were as follows:

$\backslash$table$[[$Raw materials,$$40,093$

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Required information

$[$The following information applies to the questions displayed below.$]$

Bunnell Corporation is a manufacturer that uses Job$-$order costing. On January $1,$ the company's inventory balances were as follows:

$\backslash$table$[[$Raw materials,$$40,000$