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rome Fle Edit View History Bookmarks People Window Help 2007 Ler. × adidas X1 ×

ID: 2330836 • Letter: R

Question

rome Fle Edit View History Bookmarks People Window Help 2007 Ler. × adidas X1 × Solved: Efx GRoll- O https://newconnect.mheducation Ch 01 Quiz6 MC Qu. 143 The following information is... 4 The following information is available for the year ended December 31: points Beginning raw materials inventory $21,500 Raw materials purchases Ending raw materials inventory Office supplies expense 74,000 23,000 2,400 Ask The amount of raw materials used in production for the year is: Multiple Choice $76.400 Du bo

Explanation / Answer

Material consumed

=Beginning Inventory + Purchases of Materials - Ending Inventory

= $21,500 + $74,000 - $23,000

= $72,500

Since the options are not visible, I am unable to provide the option but the calculation and answer is shown as above