Clyde Company has provided the following data for the month of November: Invetones Norventer 1...
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Clyde Company has provided the following data for the month of November: Invetones Norventer 1 November 30 Raw materials $17.000 ? Work in process $14,000 $12,000 Finished goods 2 $9,000 Additional Data: Sales revenue $102,000 Direct labor costs $10,000 Manufacturing overhead costs $12,000 Selling expenses $14,000 Administrative expenses $16,000 Cost of goods manufactured $40,000 Raw materials purchase $10,000 1. Calculate the ending raw materials inventory? Show your calculation
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