“17. Compute the amount of direct materials used during August if $25,000 of raw materials was purchased during the month and the inventories were as follows: Balance Balance Inventories August 1 August 31 Raw Materials $ 5,000 $ 3,000 Work in process 13,000 16,000 Finished goods 25,000 27,000 a. $16,000 b. $19,000 c. $23,000 d. $27,000”,”4Direct materials used during August = Beginning balance of raw materials + Purchases – Ending balance of raw materials 5,000 + 25,000 – 3,000 = $27

“17. Compute the amount of direct materials used during August if $25,000 of raw materials was purchased during the month and the inventories were as follows: Balance Balance Inventories August 1 August 31 Raw Materials $ 5,000 $ 3,000 Work in process 13,000 16,000 Finished goods 25,000 27,000 a. $16,000 b. $19,000 c. $23,000 d. $27,000”,”4Direct materials used during August = Beginning balance of raw materials + Purchases – Ending balance of raw materials 5,000 + 25,000 – 3,000 = $27

000″