Answer:
$447,000
Explanation:
The debited amount of $470,000 must have been a purchase of materials then add the the beginning inventory of $35,000 and we will get the total cost of materials available for production.
$470,000 + $35,000 = $505,000
Then, we have to deduct the raw materials ending balance of $58,000 to get the cost of raw materials put into production of $447,000.
$505,000 - $58,000 = $447,000
