Gammil Company Has Beginning and Ending Raw Materials Inventories of $96000

question 183

Multiple Choice

Gammil Company has beginning and ending raw materials inventories of $96000 and $120000 respectively. If direct materials used were $490000 what was the cost of raw materials purchased?

• A) $490000.
• B) $520000.
• C) $466000.
• D) $514000.

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Definitions:

Lewis Structure

A visual diagram that illustrates the bonding between atoms and the lone pairs of electrons in a molecule.

Phosphine

A colorless, flammable, and toxic gas with the chemical formula PH3, used in various industrial applications and as a pesticide.

Ammonia

A compound of nitrogen and hydrogen with the formula NH3, a colorless gas with a characteristic pungent smell.

Hydrogen Sulfide

A toxic, flammable gas with the formula H2S, known for its foul odor of rotten eggs and used in the manufacture of chemicals.