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Gammil Company Has Beginning and Ending Raw Materials Inventories of $96000

Question 183

Multiple Choice

Gammil Company has beginning and ending raw materials inventories of $96000 and $120000 respectively. If direct materials used were $490000 what was the cost of raw materials purchased?


A) $490000.
B) $520000.
C) $466000.
D) $514000.

Correct Answer:

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