Multiple Choice
As of December 31 2022 Stand Still Industries had $2500 of raw materials inventory.At the beginning of 2022 there was $2000 of materials on hand.During the year the company purchased $375000 of materials; however it paid for only $312500.How much inventory was requisitioned for use on jobs during 2022?
A) $362000
B) $374500
C) $375500
D) $363000
Correct Answer:
Verified
Correct Answer:
Verified
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