Question
Wrigley Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the first quarter of the current year: Calculate the
Wrigley Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the first quarter of the current year:
Calculate the amount of Raw Materials used for this quarter.Show all work.
| Beginning Raw Materials | $10,000 |
| Ending Raw Materials | $12,000 |
| Jan. Purchases | $6,000 |
| Feb. Purchases | $4,000 |
| Mar. Purchases | $5,000 |
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Commercial Printing IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304133753, 978-1304133755
