Multiple Choice
Fortune Company had beginning raw materials inventory of $16,000.During the period,the company purchased $92,000 of raw materials on account.If the ending balance in raw materials was $10,000,the amount of raw materials transferred to work in process is:
A) $86,000.
B) $98,000.
C) $102,000.
D) $92,000.
Correct Answer:
Verified
Correct Answer:
Verified
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