Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,600 and Raw materials inventory on
Fantastic news! We've Found the answer you've been seeking!
Question:
Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,600 and Raw materials inventory on December 31, 20x8 of $28,800.
If raw materials used during the year were $156,000 what was the amount of raw materials purchased during the year?
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date: