Brittle Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the
Question:
Brittle Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the third quarter of the current year:
Beginning Raw Materials = $94,000
Ending Raw Materials = $78,000
April Purchases = $62,000
May Purchases = $45,000
June Purchases = $58,000
What was the amount of Raw Materials used during this quarter?
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-1259569197
8th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
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