Compute the amount of raw materials used during August if Rs.700,000 of raw materials were purchased during the month and the inventories were as follows: Inventories Balance August 1 Balance August 31 Raw Materials 25,000 30,000 Work in Process 13,000 16,000 Finished Goods 25,000 27,000

Principles of Accounting Volume 2
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Chapter5: Process Costing
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Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...
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Compute the amount of raw materials used during August if Rs.700,000 of raw materials were purchased during the month and the inventories were as follows:

Inventories

Balance

August 1

Balance

August 31

Raw Materials

25,000

30,000

Work in Process

13,000

16,000

Finished Goods

25,000

27,000

 



 

 

 

 

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