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Assume the following information from a schedule of cost of goods manufactured: Beginning raw materials inventory Purchases of raw materials Ending raw materials inventory

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Assume the following information from a schedule of cost of goods manufactured: Beginning raw materials inventory Purchases of raw materials Ending raw materials inventory $ 7,000 $ 60,000 $ 6,300 What is the raw materials used in production? Multiple Choice $46,700 $67,130 $81,130 $60,700

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