Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 62

For the following questions, circle the best response.

Use the following data for Question.

Information obtained from Blue Heron, Inc.’s accounts on December 31 included:

The cost of raw materials used in production for Blue Heron, Inc., in 2010 was

a. $22,000.

b. $84,000.

c. $88,000.

d. $106,000.

e. $128,000.