Multiple Choice
Ganz, Inc. had materials inventory at July 1 of $12,000. The materials inventory at July 31 was $15,000, and the cost of direct materials used in production was $20,000. What was the cost of materials purchased during the month?
A) $17,000
B) $20,000
C) $23,000
D) $35,000
Correct Answer:
Verified
Correct Answer:
Verified
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