Misnap is a manufacturing firm. In April, it had a beginning inventory balance in its raw materials
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Question:
Misnap is a manufacturing firm. In April, it had a beginning inventory balance in its raw materials of $37,000 and an ending inventory of $29,000. Raw materials purchases during the month totalled $57,000. The raw materials used in April were _______.
a) $63,000
b) $57,000
c) $65,000
d) $55,000
a) $63,000
b) $57,000
c) $65,000
d) $55,000
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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