From the following balances, calculate the cost of raw material used: Raw materials inventory, January 1 .......

Question:

From the following balances, calculate the cost of raw material used:
Raw materials inventory, January 1 ....... $ 69,000
Raw materials inventory, December 31 .... 95,000
Purchase of raw materials .......... 720,000

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: