Business, 26.02.2020 23:54 chrisraptorofficial

$15,000 of raw materials were purchased during August. Additionally, the inventory accounts had the following beginning and ending balances: Inventories Balance August 1 Balance August 31 Raw materials $3,300 $2,800 Work in process $10,000 $15,000 Finished goods $40,000 $25,000 Question: What is the cost of raw materials used in production during August?

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$15,000 of raw materials were purchased during August. Additionally, the inventory accounts had the...

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