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The following information relates to the manufacturing operations of the JNR Printing Company for the year: Beginning Ending Raw materials inventory $ 49,000 $ 52,000
The following information relates to the manufacturing operations of the JNR Printing Company for the year:
Beginning | Ending | ||||
Raw materials inventory | $ | 49,000 | $ | 52,000 | |
Finished goods | 60,000 | 52,000 | |||
The raw materials used in manufacturing during the year totaled $110,000. Raw materials purchased during the year amount to:
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$110,000.
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$118,000.
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$113,000.
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$107,000.
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$99,000.
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