Question: Widget Maker Manufacturing uses job costing. In May, material requisitions were $44,600 ($39,000 of these were direct materials), and raw material purchases were $57,900. The
Widget Maker Manufacturing uses job costing. In May, material requisitions were $44,600 ($39,000 of these were direct materials), and raw material purchases were $57,900. The end of month balance in raw materials inventory was $24,700. What was the beginning raw materials inventory balance?
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