Andrew Industries purchased $160,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $21,000, and the materials used to complete jobs during the month were $136,500 of direct materials and $12,500 of indirect materials. What is the ending Raw Materials Inventory balance for March? O Multiple Choice $44,500. $10,000. $32,000.
Andrew Industries purchased $160,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $21,000, and the materials used to complete jobs during the month were $136,500 of direct materials and $12,500 of indirect materials. What is the ending Raw Materials Inventory balance for March? O Multiple Choice $44,500. $10,000. $32,000.
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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