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Petrie Company Manufactures Chairs

Question 77

Multiple Choice

Petrie Company manufactures chairs.If raw material used was $100,000 and Raw Material Inventory at the beginning and end of the period,respectively,was $27,000 and $31,000,what was amount of raw material was purchased?


A) $ 96,000
B) $104,000
C) $158,000
D) $131,000

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