The following represents the T-account for Raw Materials Inventory: Raw Materials Inventory Beg. Bal....
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Accounting
The following represents the T-account for Raw Materials Inventory: Raw Materials Inventory
Beg. Bal. 25,000
36,000
?
End. Balance 17,500
Which of the following must be correct based on the debits and credits from the T-account?
a) The cost of raw materials credited to Work in Process was $43,500.
b) The cost of raw materials used in production was $36,000.
c) The cost of goods manufactured was $43,500
d) The cost of raw materials used in production was $43,500.
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