15 The data below are for Julian Mark Company. Raw Materials Inventory Finished Goods Inventory Begin...

Transcribed Image Text:

15 The data below are for Julian Mark Company. Raw Materials Inventory Finished Goods Inventory Begin 140,000 400,000 Begin 79,000 673,000 350,000 | 52,000 700,000 | End 38,000 Work-in-Process Inventory End 106,000 | Manufacturing Overhead Begin 25,000 | 700,000 49,000 | 249,000 400,000 | 52,000 | 249,000 | 60,000 | 172,000 | 72,000 | End 146,000 What is represented by the $52,000 credit to Raw Materials Inventory? Direct materials used Amount paid for factory electricity Completed products transferred to the finished goods warehouse Indirect materials used 15 The data below are for Julian Mark Company. Raw Materials Inventory Finished Goods Inventory Begin 140,000 400,000 Begin 79,000 673,000 350,000 | 52,000 700,000 | End 38,000 Work-in-Process Inventory End 106,000 | Manufacturing Overhead Begin 25,000 | 700,000 49,000 | 249,000 400,000 | 52,000 | 249,000 | 60,000 | 172,000 | 72,000 | End 146,000 What is represented by the $52,000 credit to Raw Materials Inventory? Direct materials used Amount paid for factory electricity Completed products transferred to the finished goods warehouse Indirect materials used