3 Oriole Company has beginning and ending raw materials inventories of $86000 and $110000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased? O $690000. O $714000. O $666000. O $720000.

Oriole Company has beginning and ending raw materials inventories of $86000 and $110000, respectively. If direct materials usec were $690000, what was the cost of raw materials purchased? $690000. $714000. $660000. $720000