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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Greatwater Manufacturing uses job costing. In May, material requisitions were $44,000 ($39,000 of these were direct materials), and raw material purchases were $57,700. The end of month balance in raw materials inventory was $24,300. What was the beginning raw materials inventory balance?
A) $72,400
B) $10,600
C) $25,300
D) $43,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
wrote...
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
wrote...
7 years ago
But why is it B?
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