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7. Talcum Inc. had materials inventory at May 1 of $10,000. The materials inventory at May 31 was $16,000 and the cost of direct materials
7. Talcum Inc. had materials inventory at May 1 of $10,000. The materials inventory at May 31 was $16,000 and the cost of direct materials used in production was $25,000. What was the cost of materials purchased during the month? a. $20,000 b. $19,000 c. $31,000 d. $16,000
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