In the Schedule of Cost of Goods Manufactured and Cost

question 75

Multiple Choice

In the Schedule of Cost of Goods Manufactured and Cost of Goods Sold, the "Total raw materials available" is computed by adding together the "Beginning raw materials inventory" and:

• A) Ending raw materials inventory
• B) Raw materials used in production
• C) Purchases of raw materials
• D) Indirect materials included in manufacturing overhead

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