Question on: SS2 Accounting - Computation of: Cost of Raw Materials Available For Use, Cost of Raw Materials Consumed & Prime Cost of Production
How do you calculate the cost of raw materials available for use?
View related lesson
A
Beginning Raw Materials Inventory - Raw Materials Purchased or Produced During the Period
B
Beginning Raw Materials Inventory + Raw Materials Purchased or Produced During the Period
C
Ending Raw Materials Inventory - Raw Materials Purchased or Produced During the Period
D
Ending Raw Materials Inventory + Raw Materials Purchased or Produced During the Period
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Correct Option: B
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