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How do solve for total raw materials available

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Reference no: EM132598928

Question 1: XYZ company account records reflect the following inventories: raw materials 310k (yr2020), 260k(yr 2019), work in progress 300k(2020), 160k (2019), finished goods 190k (2020), 150k (2019). During 2020 800k of raw materials were purchased, direct labor costs amounted to 670k, n manufacturing overhead incurred was 640k. How do solve for total raw materials available for use during 2020?

Reference no: EM132598928

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