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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Nemec Manufacturing uses job costing. In May, material requisitions were $44,000 ($39,000 of these were direct materials), and raw material purchases were $60,000. The end of month balance in raw materials inventory was $24,300. What was the beginning raw materials inventory balance?
A) $45,300
B) $8,300
C) $74,700
D) $23,000
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
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8 years ago
Wow! Thank you
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