Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning balance
Fantastic news! We've Found the answer you've been seeking!
Question:
Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning balance of materials inventory was $22,000, and materials used to complete jobs during the month were $141,000 direct materials and $13,000 indirect materials.
What is the ending balance of Ron's materials inventory for March?
Related Book For
Financial and Managerial Accounting
ISBN: 978-1119392132
3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date: