Venus International makes customized furniture and uses job order costing. During a period, its beginning raw...

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Venus International makes customized furniture and uses job order costing. During a period, its beginning raw materials inventory was $10,000. It purchased raw materials of $20,000 and ended the period with ending raw materials inventory of $3,000. What is the cost of raw materials transferred to Work in Process Inventory? O $27,000 O $33,000 $30,000 $20,000 Venus International makes customized furniture and uses job order costing. During a period, its beginning raw materials inventory was $10,000. It purchased raw materials of $20,000 and ended the period with ending raw materials inventory of $3,000. What is the cost of raw materials transferred to Work in Process Inventory? O $27,000 O $33,000 $30,000 $20,000

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Answer is 27000 Raw materials inventory is the value of raw materials held by a company before ... View the full answer