QS 18-16 Direct materials used LO C5 Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). If Nestlé purchased 13,860 (in millions of Swiss francs) of raw materials during the year, what is the amount of raw materials it used during the year? (Enter your answer in millions of Swiss francs.)
QS 18-16 Direct materials used LO C5 Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). If Nestlé purchased 13,860 (in millions of Swiss francs) of raw materials during the year, what is the amount of raw materials it used during the year? (Enter your answer in millions of Swiss francs.)
Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter17: Process Cost Systems
Section: Chapter Questions
Problem 17.3TIF
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QS 18-16 Direct materials used LO C5
Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). If Nestlé purchased 13,860 (in millions of Swiss francs) of raw materials during the year, what is the amount of raw materials it used during the year? (Enter your answer in millions of Swiss francs.)
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