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30 January, 06:20

Bunnell corporation is a manufacturer that uses job-order costing. on january 1, the company's inventory balances were as follows: what is the net operating income for the year?

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  1. 30 January, 09:41
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    The answer is $70,000.

    Explanation:

    The answer for requirement 1 is $480000.

    The answer of requirement 2 : Raw materials = $40,000

    Raw material purchased = $510000

    Total raw material available = $550000

    Less : raw material = $480000

    Raw material, ending balance = $70000.
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