Rainier Industries Has Raw Materials Inventory on January 1, 20x8

Multiple Choice

Rainier Industries has Raw materials inventory on January 1, 20x8 of $32,500 and Raw materials inventory on December 31, 20x8 of $26,700. If purchases of raw materials were $135,000 during the year, what was the amount of raw materials used during the year?

A) $129,200.
B) $140,800.
C) $135,000.
D) $146,600.
E) None of the answers is correct.