Beauchesne Corporation, a manufacturing company, has provided the following data for the month of May:
Raw materials purchased during May totaled $69,000 and the cost of goods manufactured totaled $146,000.
Required:
a. What was the cost of raw materials used in production during May? Show your work.
b. What was the cost of goods sold for May? Show your work.

Question

Beauchesne Corporation, a manufacturing company, has provided the following data for the month of May:  
Raw materials purchased during May totaled $69,000 and the cost of goods manufactured totaled $146,000.
Required:
a. What was the cost of raw materials used in production during May? Show your work.
b. What was the cost of goods sold for May? Show your work.

Quizplus · Accepted Answer

The Answer of Beauchesne Corporation, a manufacturing company, has provided the following data for the month of May:  
Raw materials purchased during May totaled $69,000 and the cost of goods manufactured totaled $146,000.
Required:
a. What was the cost of raw materials used in production during May? Show your work.
b. What was the cost of goods sold for May? Show your work.

Beauchesne Corporation, a Manufacturing Company, Has Provided the Following Data