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Niles Corporation Is a Manufacturer That Uses Job-Order Costing

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Niles Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:
Niles Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:    Results of operations:    -How much is the ending balance in the Raw Materials inventory account? A)  $97,000 B)  $585,000 C)  $47,000 D)  $50,000 Results of operations:
Niles Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:    Results of operations:    -How much is the ending balance in the Raw Materials inventory account? A)  $97,000 B)  $585,000 C)  $47,000 D)  $50,000
-How much is the ending balance in the Raw Materials inventory account?

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