The following information is available for the year ended December 31: Beginning raw materials inventory $ 4,200 Raw materials purchases 5,700 Ending raw materials inventory 4,700 Office supplies expense 2,700 The amount of raw materials used in production for the year is:

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

What is used by accountant to analyze transactions ?

Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000