Magnus Industries has the following data: $\begin{array}{lr}
\text { Beginning raw material s inventory } & \$ 75,000 \
\text { Materials purchased } & 40,000 \
\text { Ending raw materials inventory } & 60,000
\end{array}$ Calculate the cost of raw materials used.

Question

Magnus Industries has the following data:​ $\begin{array}{lr}
\text { Beginning raw material s inventory } & \$ 75,000 \
\text { Materials purchased } & 40,000 \
\text { Ending raw materials inventory } & 60,000
\end{array}$ Calculate the cost of raw materials used.

Quizplus · Accepted Answer

The Answer of Magnus Industries has the following data:​ $\begin{array}{lr}
\text { Beginning raw material s inventory } & \$ 75,000 \
\text { Materials purchased } & 40,000 \
\text { Ending raw materials inventory } & 60,000
\end{array}$ Calculate the cost of raw materials used.

Magnus Industries Has the Following Data:​ Calculate the Cost of Raw Materials Used

Magnus Industries Has the Following Data: Calculate the Cost of Raw Materials Used