Costas Company Has Beginning and Ending Raw Materials Inventories of $64,000

question 83

Multiple Choice

Costas Company has beginning and ending raw materials inventories of $64,000 and $80,000, respectively. If direct materials used were $260,000, what was the cost of raw materials purchased?

• A) $260,000.
• B) $280,000.
• C) $244,000.
• D) $276,000.

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