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What was the amount of raw materials used during the year

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Reference no: EM132861427

Question 1: A company has Raw materials inventory on January 1, 20x8 of $33,400 and Raw materials inventory on December 31, 20x8 of $27,600. If purchases of raw materials were $144,000 during the year, what was the amount of raw materials used during the year?

Group of answer choices

A) $149,800

B) $144,000

C) $155,600

D) $138,200

Reference no: EM132861427

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