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Beginning raw materials inventory was $32,000. During the month, $270,000 of raw material was purchased. A count at the end of the month revealed that
Beginning raw materials inventory was $32,000. During the month, $270,000 of raw material was purchased. A count at the end of the month revealed that $25,000 of raw material was still present. What is the cost of direct material used?
Select one:
a. $ 20,000
b. $277,000
c. $272,000
d. $276,000
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