The following information relates to the manufacturing opera

The following information relates to the manufacturing operations of the JNR Printing Company for the year 2 Raw materials inventory Finished goods Beginning Ending $51,000 $54,000 62,000 54,000 2 The raw materials used in manufacturing during the year totaled $112,000. Raw materials purchased during the year amount to: Multiple Choice $112,000. $101,000. $120,000. $115,000. $109,000

Solution

Raw materials purchased during the year = 112000-51000+54000 = $115000 Option 4 is correct