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Mitchell Company the Following Information Has Been Taken from the Cost

Question 17

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Mitchell Company The following information has been taken from the cost records of Mitchell Company for the past year:
 Mitchell Company The following information has been taken from the cost records of Mitchell Company for the past year:    \begin{array}{ll} \underline{\text {Inventries}}&\underline{\text { Beginning }} &\underline{ \text { Ending }} \\ \text {Raw Material}&\$ 75 & \$ 85 \\ \text {Wotk in Process}&80 & 30 \\ \text { Finished Goods }&90 & 110 \end{array}   Refer to Mitchell Company. The cost of raw material purchased during the year was A)  $316. B)  $336. C)  $360. D)  $411. Inventries Beginning  Ending Raw Material$75$85Wotk in Process8030 Finished Goods 90110\begin{array}{ll}\underline{\text {Inventries}}&\underline{\text { Beginning }} &\underline{ \text { Ending }} \\\text {Raw Material}&\$ 75 & \$ 85 \\\text {Wotk in Process}&80 & 30 \\\text { Finished Goods }&90 & 110\end{array} Refer to Mitchell Company. The cost of raw material purchased during the year was


A) $316.
B) $336.
C) $360.
D) $411.

Correct Answer:

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