Costas Company Has Beginning and Ending Raw Materials Inventories of $64000

question 179

Multiple Choice

Costas Company has beginning and ending raw materials inventories of $64000 and $80000 respectively. If direct materials used were $310000 what was the cost of raw materials purchased?

• A) $310000.
• B) $330000.
• C) $294000.
• D) $326000.

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