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Dante52 Dante52
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11 months ago

Tatar Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:

Beginning inventories:
Raw materials$37,000
Work in process$15,000

Results of operations:
Raw materials purchased on account$480,000
Raw materials (all direct) requisitioned for use in production$434,000

How much is the ending balance in the Raw Materials inventory account?



▸ $37,000

▸ $120,000

▸ $83,000

▸ $517,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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collegelife_288collegelife_288
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11 months ago
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Dante52 Author
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You make an excellent tutor!
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