Basic cost flows-raw materials used

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Reference no: EM131289829

Basic Cost Flows: Raw Materials Used

BMV Automotive Manufacturers had the following information available for the month of January related to their current production of sports cars:

Beginning Ending

Raw materials inventory $20,000 $37,000

Work in process inventory 55,000 80,000

Finished-goods inventory 10,000 3,000

During the month of January, BMV purchased $140,000 of raw materials. How much raw material was used in January?

Reference no: EM131289829

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