Multiple Choice
At May 31, 2016, Smythe Inc.has $4,500 in beginning raw materials, $6,000 of direct labour.If manufacturing overhead was $10,500, total manufacturing costs was $50,500, and total raw material purchases were $36,000, how much is ending amount of raw materials?
A) $36,000
B) $21,000
C) $40,500
D) $6,500
Correct Answer:
Verified
Correct Answer:
Verified
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