How much inventory was transferred to wip

Reference no: EM13157951

At the beginning of 2010 Stand Still Industries had $1,200 of raw materials in inventory. By December 31 they had $1,500 of raw materials inventory. During the year, the company purchased $183,000 of materials; of which it paid $175,500 and the balance is not yet due. How much inventory was transferred to WIP for use on jobs during 2010?

Reference no: EM13157951

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