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?
|
| $353600 |
|
| $339400 |
|
| $354400 |
|
| $338600 |
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