Question
Varries Manufacturing Company produces many different kinds of calculators. The following are the raw materials the production team uses: Alloy Plastic Copper At the beginning
Varries Manufacturing Company produces many different kinds of calculators. The following are the raw materials the production team uses:
Alloy
Plastic
Copper
At the beginning of the year, the total raw materials amounted to Php 420,000 which is distributed as follows: 45% for Alloy, 25% for Plastic and 30% for Copper.
Purchases for Alloy amounted to Php 252,000 while Copper purchases were Php 348,000. The amount of Plastic purchases is half the amount of the purchases for Copper.
Ending inventory for Plastic is Php 98,000, Alloy is Php 110,000, and Copper is Php 125,000.
1. Compute for the raw materials used for Alloy.Required to answer. Single choice.
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