Andrew Industries Purchased $165,000 of Raw Materials on Account During

question 23

Multiple Choice

Andrew Industries purchased $165,000 of raw materials on account during the month of March.The beginning Raw Materials Inventory balance was $22,000,and the materials used to complete jobs during the month were $141,000 of direct materials and $13,000 of indirect materials.
-What is the ending Raw Materials Inventory balance for March?

• A)$46,000
• B)$11,000
• C)$33,000
• D)$24,000
• E)$9,000

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Definitions:

Back Channeled

The practice of giving nonverbal or verbal cues during communication to indicate understanding, attentiveness, or agreement without interrupting the speaker.

Nonverbal Communication

The process of conveying messages or signaling information through means other than verbal words, such as body language or facial expressions.

Indirect Benefit

An advantage or positive outcome that is not the direct result of an action or policy, often realized over time or through secondary effects.

Insight

The ability to gain an accurate and deep understanding of a person, topic, or thing, often leading to a breakthrough or discovery.