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How much inventory was requisitioned for use on jobs

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Question - As of December 31, 2022, Stand Still Industries had $2500 of raw materials inventory. At the beginning of 2022, there was $2000 of materials on hand. During the year, the company purchased $375000 of materials; however, it paid for only $312500. How much inventory was requisitioned for use on jobs during 2022?

Reference no: EM133070224

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