Beauchesne Corporation, a Manufacturing Company, Has Provided the Following Data

Essay

Beauchesne Corporation, a manufacturing company, has provided the following data for the month of May:
Raw materials purchased during May totaled $69,000 and the cost of goods manufactured totaled $146,000.
Required:
a. What was the cost of raw materials used in production during May? Show your work.
b. What was the cost of goods sold for May? Show your work.