Workman Software has 6.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and cu
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Answer:
Check the explanation
Explanation:
The raw material that was used during the month is calculated by adding beginning inventory with purchases and deducting the ending inventory from it.
Here from the below equation, only the purchase are not given, so we put the figures in the formulas and get the amount of purchases.
The beginning and ending balance are also given only purchases are rising, which can be calculated as given above.
Kindly check the workings in the attached image below.
