aw materials available for use under
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Date
Transaction
Compute for the amount of raw materials available for use under
Jan-01
Balance, 500 units at P65
Compute for the raw materials issued and remaining raw materials inventory
6
Purchased 600 units at P75
Issued 600 units to Dept. 1
8
Purchased 1,100 units at p95
15
Purchased 400 units at P98
18
Issued 1,100 units to Dept. 2
22
Purchased 500 units at P99
25
Purchased 400 units at 100
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