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Managerial Accounting
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During 2020, Beryl purchased Sh 1,160,000 of raw materials, incurred direct labour costs of Sh 200,000, and incurred manufacturing overhead totaling Sh 128,000.How much raw materials were transferred to production during 2020 for Beryl given the inventories below
BERYLS accounting records reflect the following inventories
dec 31,2019 dec 31, 2020
Raw Materials 80,000 64,000
work in process inventory 104,000 116,000
finished goods inventory 100,000 92,000
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