Question

The following information relates to the manufacturing operations of the JNR Printing Company for the year:
Beginning Ending
Raw materials inventory"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 $ 57,000 $60,000
Finished goods"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6... 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.

Answer

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