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Beginning raw materials inventory of $2,000, direct materials used in production of $1,550, and ending raw materials inventory of $450, what is the value of
Beginning raw materials inventory of $2,000, direct materials used in production of $1,550, and ending raw materials inventory of $450, what is the value of raw materials purchased for the period?
a) $1,550
b) $3,550
c) $450
d) $0
e) $4,000
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