Question
The following information is available for the year ended December 31: Beginning raw materials inventory $ 11,000 Raw materials purchases 86,000 Ending raw materials inventory
The following information is available for the year ended December 31:
| Beginning raw materials inventory | $ | 11,000 | |
| Raw materials purchases | 86,000 | ||
| Ending raw materials inventory | 10,400 | ||
| Manufacturing supplies expense | 900 | ||
The amount of raw materials used in production for the year is:
Multiple Choice
1. $86,900.
2. $85,400.
3. $86,600.
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Accounting Information Systems
Authors: Patrick R. Wheeler, Ulric J. Gelinas, Richard B. Dull, Dull Gelinas Wheeler
International 10th Edition
017035539X, 9780170355391
