Michael’s Manufacturing, Inc -Raw Materials Used for July Is:
A) $112 000
B)

question 4

Multiple Choice

Michael’s Manufacturing, Inc. has the following information available for the month of July:
$\begin{array}{c}\begin{array}{l}\\ \text { Raw materials inventory}\\ \text { Work-in-process inventory}\\ \text { Finished goods inventory}\\\\ \text { Raw materials purchased}\\ \text { Direct labour costs}\\ \text { Overhead costs}\end{array}\begin{array}{rr}\underline{\text { Beginning}}&\underline{\text { Ending }}\\\$ 50000 & \$ 62000 \\80000 & 55000 \\24000 & 35000 \\& \\& \$ 120000 \\& 60000 \\& 45000\end{array}\end{array}$

-Raw materials used for July is:

• A) $112 000
• B) $108 000
• C) $120 000
• D) $132 000