What was ending materials inventory, Accounting Basics

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What was ending materials inventory

The following data pertain to Michelle Graham Company's operations in May:
May 1 May31
Work in process inventory $7 $12
Raw materials inventory 15 ?
Finished goods inventory ? 20

Other data (in dollars):
Raw materials used 40
Sales 200
Cost of goods manufactured 135
Manufacturing overhead cost 60
Raw materials purchases 30
Gross Margin 60

what was ending materials inventory ?

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Accounting Basics: What was ending materials inventory

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Accounting Basics: What was ending materials inventory

Reference No:- TGS081914

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Recent Questions Asked Accounting Basics

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Accounting Basics: What was ending materials inventory

Reference No:- TGS081914

Recent Questions Asked Accounting Basics

Q : Straight-line method of amortization for bond permium

Q : What is the total of the manufacturing overhead costs listed

Q : What does the statement absorptive heterotrophs mean

Q : Cash provided by operating activities concept

Q : What was ending materials inventory

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Q : Stratified squamous keratinizing epithelium

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Q : What was the cost of goods sold for the month

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