The following was taken from Stickers Corp.’s accounting records for the year ended December 31, 2019. Raw materials purchased 860,000.00 Direct Labor Payroll 400,000.00 Factory overhead applied 600,000.00 Increase in Raw materials inventory 30,000.00 Decrease in finished goods inventory 70,000.00 There was no work in process inventory at the beginning or end of 2019. The raw materials used was? 380,000 680,000 830,000 860,000
The following was taken from Stickers Corp.’s accounting records for the year ended December 31, 2019. Raw materials purchased 860,000.00 Direct Labor Payroll 400,000.00 Factory overhead applied 600,000.00 Increase in Raw materials inventory 30,000.00 Decrease in finished goods inventory 70,000.00 There was no work in process inventory at the beginning or end of 2019. The raw materials used was? 380,000 680,000 830,000 860,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following was taken from Stickers Corp.’s accounting records for the year ended December 31, 2019. Raw materials purchased 860,000.00 Direct Labor Payroll 400,000.00 Factory overhead applied 600,000.00 Increase in Raw materials inventory 30,000.00 Decrease in finished goods inventory 70,000.00 There was no work in process inventory at the beginning or end of 2019. The raw materials used was?
380,000
680,000
830,000
860,000
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