The Sumter Company recently had a fire in its accounting office, destroying most of its records. Only the following information could be salvaged for 2016: The cost of direct materials used in production during 2016 is
A) $140,000.
B) $180,000.
C) $200,000.
D) $260,000.

Question

The Sumter Company recently had a fire in its accounting office, destroying most of its records. Only the following information could be salvaged for 2016:  The cost of direct materials used in production during 2016 is
A) $140,000. 
B) $180,000. 
C) $200,000. 
D) $260,000.

Quizplus · Accepted Answer

The Answer of The Sumter Company recently had a fire in its accounting office, destroying most of its records. Only the following information could be salvaged for 2016:  The cost of direct materials used in production during 2016 is
A) $140,000. 
B) $180,000. 
C) $200,000. 
D) $260,000.

The Sumter Company Recently Had a Fire in Its Accounting