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24 July, 19:05

On the costs of goods manufactured schedule, the item raw materials inventory (ending) appears as a (n) subtraction from raw materials purchases. subtraction from raw materials available for use. addition to raw materials purchases. addition to raw materials available for use.

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  1. 24 July, 22:12
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    subtraction from raw materials available for use

    Explanation:

    As we know that

    = Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory

    Therefore from the above formula we can conclude that the ending inventory should be deducted from the total manufacturing cost including the beginning work in process inventory
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