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The Cost of Raw Materials Transferred to Production in 2019

Question 54

Multiple Choice

20182019 Finished goods inventory $20000$10000 Work in process inventory 1200015000 Raw materials inventory 60008000 Purchases of raw materials 17000 Cost of goods manufactured 50000\begin{array} { l r r } & 2018 & 2019 \\\text { Finished goods inventory } & \$ 20000 & \$ 10000 \\\text { Work in process inventory } & 12000 & 15000 \\\text { Raw materials inventory } & 6000 & 8000 \\\text { Purchases of raw materials } & & 17000 \\\text { Cost of goods manufactured } & & 50000\end{array} The cost of raw materials transferred to production in 2019 is:


A) $15 000.
B) $19 000.
C) $27 000.
D) $50 000.

Correct Answer:

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