Question

Contrail Hospital provides you with the following information: Inventory, December 31, 20X1 $57,000 Inventory, December 31,...

Contrail Hospital provides you with the following information:

Inventory, December 31, 20X1 $57,000
Inventory, December 31, 20X2 60,000
Cost of supplies purchased during 20X2 437,000

What was the cost of supplies used during 20X2?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hi

Let me know in case any issue and query:

Supplies used = (Beginning Balance + Purchases - Ending Balance)

Answer is highlighted in yellow: Solution: $434,000 Answer: Explanation Supplies used = (Beginning Balance + Purchases-Ending

Add a comment
Know the answer?
Add Answer to:
Contrail Hospital provides you with the following information: Inventory, December 31, 20X1 $57,000 Inventory, December 31,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT