Homework answers / question archive / Andrew Industries purchased $175,000 of raw materials on account during the month of March

Andrew Industries purchased $175,000 of raw materials on account during the month of March

Accounting

Share With

Andrew Industries purchased $175,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $24,000, and the materials used to complete jobs during the month were $150,000 direct materials and $14,000 indirect materials. What is the ending Raw Materials Inventory balance for March?