The Following Information Relates to the Manufacturing Operations of the IMH

question 148

Multiple Choice

The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:
Beginning Ending
Raw materials inventory……………………… $ 57,000 $60,000
Finished goods………………………………... 68,000 60,000
The raw materials used in manufacturing during the year totaled $118,000.Raw materials purchased during the year amount to:

• A)$107,000.
• B)$115,000.
• C)$118,000.
• D)$121,000
• E)$126,000.

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Definitions:

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