As of december 31, 2013, stand still industries had $2,500 of raw materialsinventory. at the beginning of 2013, there was $2,000 of materials on hand. during theyear, the company purchased $325,000 of materials; however, it paid for only $312,500.how much inventory was requisitioned for use on jobs during 2013?

$ 324,500

Explanation:

given,

stand still industry raw material inventory = $2,500

material in hand at the beginning of 2013 = $ 2000

country purchases the material of $325,000

country paid only = $312,500

inventory use in 2013 = ?

inventory requisitioned for use on job 2013 is

                         =  $ 325,000 + $ 2,000 - $ 2,500                                

                         = $ 324,500                                        

hence, the inventory requisitioned for use on job 2013 is equal to  $ 324,500

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