Question

The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending Raw materials inventory $ 547,000 $ 610,000 The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to: Multiple Choice

Answer 1

the Raw materials purchased during the year is $1,081,000

Step-by-step explanation:

the computation of the Raw materials purchased during the year is shown below;

Material used in production $1,018,000.00

Add: Ending Raw Material $610,000.00

Less: Beginning Rawmaterial $547,000.00

Purchase $1,081,000.00

Hence, the Raw materials purchased during the year is $1,081,000