Davis Company manufactures desks.The beginning balance of Raw Material Inventory was $4,500;raw material purchases of $29,600 were made during the month.At month end,$7,700 of raw material was on hand.Raw material used during the month was
A)$26,400.
B)$34,100.
C)$37,300.
D)$29,600.

Question

Quizplus · Accepted Answer

The raw material used during the month is calculated as: Beginning balance of Raw Material Inventory + Raw Material Purchases - Ending balance of Raw Material Inventory = $4,500 + $29,600 - $7,700 = $26,400.

Davis Company Manufactures Desks