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Andrew Industries Purchased $165,000 of Raw Materials on Account During

Question 32

Multiple Choice

Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 of direct materials and $13,000 of indirect materials.
-What is the ending Raw Materials Inventory balance for March?


A) $33,000
B) $9,000
C) $24,000
D) $46,000
E) $11,000

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