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If the Beginning Monthly Balance of Materials Inventory Was $37,000

Question 127

Multiple Choice

If the beginning monthly balance of materials inventory was $37,000, the ending balance was $39,500, and $257,800 of materials were used, the cost of materials purchased during the month is:


A) $255,300.
B) $257,800.
C) $260,300.
D) $297,300.
E) None of these answer choices is correct.

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