Dolan Company's Accounting Records Reflect the Following Inventories During 2013, $600,000 of Raw Materials Were Purchased, Direct Labor
Dolan Company's accounting records reflect the following inventories: During 2013, $600,000 of raw materials were purchased, direct labor costs amounted to $500,000, and manufacturing overhead incurred was $480,000.
- The total raw materials available for use during 2013 for Dolan Company is
A) $910,000.
B) $460,000.
C) $550,000.
D) $860,000.
Correct Answer:
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