Help Save 15000 Credits 109000 SolutionAnswer is 103000 Begi

Help Save& 15,000 Credits 109,000

Solution

Answer is $103,000

Beginning Raw Materials = $15,000
Raw Materials purchased = $109,000
Ending Raw Materials = $21,000

Ending Raw Materials = Beginning Raw Materials + Raw Materials purchased - Raw Materials used
$21,000 = $15,000 + $109,000 - Raw Materials used
Raw Materials used = $103,000

So, the cost of raw materials requisitioned for use in production during the year was $103,000

 Help Save& 15,000 Credits 109,000 SolutionAnswer is $103,000 Beginning Raw Materials = $15,000 Raw Materials purchased = $109,000 Ending Raw Materials = $2

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