Multiple Choice
As of December 31 2022 Nilsen Company had $2000 of raw materials inventory.At the beginning of 2022 there was $1600 of materials on hand.During the year the company purchased $354000 of materials; however it paid for only $314000.How much inventory was requisitioned for use on jobs during 2022?
A) $354400
B) $344400
C) $343600
D) $353600
Correct Answer:
Verified
Correct Answer:
Verified
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