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A manufacturing company shows the following data on direct materials for the past month: Beginning direct materials inventory $20,000 Ending direct materials inventory Direct

A manufacturing company shows the following data on direct materials for the past month: Beginning direct materials inventory $20,000 Ending direct materials inventory Direct materials used in production $50,000 $62,000 What is the cost of materials purchased during the month? Select one: a. $92,000 O b. $32,000 O c. $62,000 d. $8,000

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