Problem on beginning inventory of raw materials, Accounting Basics

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Problem on beginning inventory of raw materials

During the month of May, Bennett Manufacturing Company purchased $43,000 of raw materials. The manufacturing overhead totaled $27,000 and the total manufacturing costs were $106,000. Assuming a beginning inventory of raw materials of $8,000 and an ending inventory of raw materials of $6,000, direct labor must have totaled:

a. $34,000.

b. $38,000.

c. $36,000.

d. $45,000.

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Accounting Basics: Problem on beginning inventory of raw materials

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Accounting Basics: Problem on beginning inventory of raw materials

Reference No:- TGS096492

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Problem on beginning inventory of raw materials

Reference No:- TGS096492

Recent Questions Asked Accounting Basics

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