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Multiple Choice Question 79 As of December 31, 2019, Nilsen Industries had $3000 of raw...

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Accounting

Multiple Choice Question 79

As of December 31, 2019, Nilsen Industries had $3000 of raw materials inventory. At the beginning of 2019, there was $2600 of materials on hand. During the year, the company purchased $354000 of materials; however it paid for only $304000. How much inventory was requisitioned for use on jobs during 2019?

image

 $353600

$339400

$354400

$338600

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