Problemsonnheim manufacturing uses job costing in may, Ask an Expert

Accounting

Problem:

Sonnheim Manufacturing uses job costing. In May, material requisitions were $59881 and raw material purchases were $33268. The end of month balance in raw materials inventory was $5410.

Required:

Question: What was the beginning raw materials inventory balance?

Note: Please show how to work it out.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165538

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