Compute the amount of raw materials used during November if…
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 BalanceNovember 1 BalanceNovember 30 Raw materials $ 7,000 $ 4,000 Work in process $ 6,000 $ 7,500 Finished goods $ 10,000 $ 12,000