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Costas Company Has Beginning and Ending Raw Materials Inventories of $64000

Question 179

Multiple Choice

Costas Company has beginning and ending raw materials inventories of $64000 and $80000 respectively. If direct materials used were $310000 what was the cost of raw materials purchased?


A) $310000.
B) $330000.
C) $294000.
D) $326000.

Correct Answer:

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