The Following Information Relates to the Manufacturing Operations of the IMH

Multiple Choice

The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:
Beginning Ending
Raw materials inventory……………………… $ 57,000 $60,000
Finished goods………………………………... 68,000 60,000
The raw materials used in manufacturing during the year totaled $118,000.Raw materials purchased during the year amount to:

A) $107,000.
B) $115,000.
C) $118,000.
D) $121,000
E) $126,000.