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As of December 31, 2010, Stand Still Industries had $1,500 of raw materials inventory. At the beginning of 2010, there was $1,200 of materials on hand. During the year, the company purchased $183,000 of materials; however, it paid for only $175,500. How much inventory was requisitioned for use on jobs during 2010?

A) $175,200

B) $182,700

C) $183,300

D) $175,800

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M990371

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