Multiple Choice
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) $74,700
B) $45,300
C) $8,300
D) $23,000
Correct Answer:
Verified
Correct Answer:
Verified
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