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Mitchell Company the Following Information Has Been Taken from the Cost

Question 82

Multiple Choice

Mitchell Company The following information has been taken from the cost records of Mitchell Company for the past year:
 Mitchell Company The following information has been taken from the cost records of Mitchell Company for the past year:    \begin{array}{ll} \underline{\text {Inventries}}&\underline{\text { Beginning }} &\underline{ \text { Ending }} \\ \text {Raw Material}&\$ 75 & \$ 85 \\ \text {Wotk in Process}&80 & 30 \\ \text { Finished Goods }&90 & 110 \end{array}   Refer to Mitchell Company. The cost of raw material purchased during the year was A)  $316. B)  $336. C)  $360. D)  $411. Inventries Beginning  Ending Raw Material$75$85Wotk in Process8030 Finished Goods 90110\begin{array}{ll}\underline{\text {Inventries}}&\underline{\text { Beginning }} &\underline{ \text { Ending }} \\\text {Raw Material}&\$ 75 & \$ 85 \\\text {Wotk in Process}&80 & 30 \\\text { Finished Goods }&90 & 110\end{array} Refer to Mitchell Company. The cost of raw material purchased during the year was


A) $316.
B) $336.
C) $360.
D) $411.

Correct Answer:

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