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What is the amount of materials purchased during the month

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Reference no: EM132738993

Question 1: If the beginning balance in the Raw Materials Inventory account for the month was Php 25,000, the ending balance of Php 22,000 and material used during the month was Php130,000, what is the amount of materials purchased during the month?

Question 2: If the beginning balance in Raw Materials Inventory is Php5,000, the ending balance is Php. 3,500, and Php. 60,000 was purchased, what is the amount of materials transferred to Work in Process Inventory during the period?

Reference no: EM132738993

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