Accountancy, asked by Harshharry6508, 11 months ago

Template to calculate work in progress inventory

Answers

Answered by ankurkrishnamishra67

0

Answer:

Add the purchases made during the year and subtract the ending inventory to find the amount of raw materials used in production:

Beginning inventory $35,400.

Plus purchases $3,125,000.

Minus ending inventory $104,400.

Total raw materials costs $3,056,000

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