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Costas Company has beginning and ending raw materials inventories

Author:
July 19th, 2019

Costas Company has beginning and ending raw materials inventories of $64,000 and $80,000, respectively. If direct materials used were $290,000, what was the cost of raw materials purchased?

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a. $290,000.

b. $310,000.

c. $274,000.

d. $306,000.

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