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Find the total raw materials available for use

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Reference no: EM132792015

Question - Vaughn Manufacturing's accounting records reflect the following inventories:

 

Dec. 31, 2017

Dec. 31, 2016

Raw materials inventory

$350000

$290000

Work in process inventory

300000

160000

Finished goods inventory

190000

150000

During 2017, $840000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000.

Required - Find the total raw materials available for use during 2017 for Vaughn Manufacturing?

a. $780000.

b. $1190000.

c. $700000.

d. $1130000.

Reference no: EM132792015

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