Compute the amount of raw materials used during November if

Compute the amount of raw materials used during November if $31,500 of raw materials were purchased during the month and if the inventories were as follows: Balance November 1 Balance Inventories Raw materials Work in process Finished goods $ 7,600 $6,300 $10,300 November 30 $4,300 $ 7,800 $12,300 Multiple Choice $28,800 $33,000 $31,300 $34,800

Solution

D. $34,800

Ram materials used = Beginning raw materials + Raw materials purchased - Ending raw materials = $7,600 + $31,500 - $4,300 = $34,800