Reference no: EM132570479

Question 1: Compute the amount of raw materials used during November if $30,000 of raw materials were purchased during the month and if the inventories were as follows:

Inventories                          Balance November 1.                   Balance November 30

Raw materials                          $7,000.                                            $4,000

Work in process.                          $6,000.                                    $7,500

Finished goods.                         $10,000.                                       $12,000

option

Option A) $31,500

Option B) $27,000

Option C) $29,500

Option D) $33,000