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The Beginning Balance of the Raw Materials Inventory Account for May

Question 3

Multiple Choice

The beginning balance of the raw materials inventory account for May was $27,500.The ending balance for May was $28,750,and $128,900 of raw materials were used during the month.What was the cost of the materials purchased during the month?


A) $131,300.
B) $127,650.
C) $130,150.
D) $157,650.= 128,900 + 28,750 - 27,500 = $130,150

Correct Answer:

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