How much inventory was requisitioned for use


As of December 31, 2014, Walking Tall Industries had $3,500 of raw materials inventory. At the beginning of 2014, there was $2,000 of materials on hand. During the year, the company purchased $314,500 of materials; however, it paid for only $302,500. How much inventory was requisitioned for use on jobs during 2014?

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Accounting Basics: How much inventory was requisitioned for use
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