The following information relates to the manufacturing operations of the JNR Printing Company for the year:

Beginning Ending
Raw materials inventory $ 57,000 $ 60,000
Finished goods 68,000 60,000

The raw materials used in manufacturing during the year totaled $118,000.
Raw materials purchased during the year amount to:

A) $126,000. B) $107,000. C) $118,000. D) $115,000. E) $121,000.

Raw materials purchased during the year amount to  E) $121,000.

Explanation:

The Raw materials purchased during the year can be found by Opening a Raw Materials T - Account.

The Balancing figure for this Account Relates to the Purchase of Raw Materials.

Debits :

Beginning Raw materials inventory                                     $ 57,000

Purchase of Raw Materials (Balancing Figure)                   $121,000

Totals                                                                                     $178,000

Credits :

Ending  Raw materials inventory                                        $ 60,000

Transferred to Manufacturing Account                               $118,000

Totals                                                                                     $178,000

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;