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.

---

Definitions:

Attitude

A relatively stable evaluation of a person, object, situation, or issue, along a continuum ranging from positive to negative.

Bystander Apathy

A social psychological phenomenon in which individuals are less likely to offer help to a victim when other people are present.

Attitude

A settled way of thinking or feeling about something, typically reflected in a person's behavior.

Groupthink

A mental effect experienced by a collective, where the pursuit of agreement or uniformity among members leads to choices that are illogical or not functional.