Nadell Corporation reported the following data for the month of April:
-If the raw materials purchased during April totaled $63,000, what was the cost of the raw materials used in production for the month?
A) $63,000
B) $61,000
C) $62,000
D) $65,000

Question

Nadell Corporation reported the following data for the month of April: 
-If the raw materials purchased during April totaled $63,000, what was the cost of the raw materials used in production for the month?
A) $63,000 
B) $61,000 
C) $62,000 
D) $65,000

Quizplus · Accepted Answer

The cost of raw materials used in production is typically calculated as the sum of the beginning inventory of raw materials, plus the raw materials purchased during the period, minus the ending inventory of raw materials. Since the question only provides the amount of raw materials purchased during April, we cannot determine the cost of raw materials used in production without additional information.

Nadell Corporation Reported the Following Data for the Month of April