The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:
$\begin{array}{lrr}
&\text { Beginning}&\text { Ending }\
\text { Raw materials inventory } & \$ 57,000 & \$ 60,000 \
\text { Finished goods } & 68,000 & 60,000
\end{array}$
The raw materials used in manufacturing during the year totaled $118,000.Raw materials purchased during the year amount to:
A) $107,000
B) $115,000
C) $118,000
D) $121,000
E) $126,000

Question

The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:
$\begin{array}{lrr}
&\text { Beginning}&\text { Ending }\ 
\text { Raw materials inventory } & \$ 57,000 & \$ 60,000 \
\text { Finished goods } & 68,000 & 60,000
\end{array}$
The raw materials used in manufacturing during the year totaled $118,000.Raw materials purchased during the year amount to:
A) $107,000
B) $115,000
C) $118,000
D) $121,000
E) $126,000

Quizplus · Accepted Answer

The Answer of The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:
$\begin{array}{lrr}
&\text { Beginning}&\text { Ending }\ 
\text { Raw materials inventory } & \$ 57,000 & \$ 60,000 \
\text { Finished goods } & 68,000 & 60,000
\end{array}$
The raw materials used in manufacturing during the year totaled $118,000.Raw materials purchased during the year amount to:
A) $107,000
B) $115,000
C) $118,000
D) $121,000
E) $126,000

The Following Information Relates to the Manufacturing Operations of the IMH