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Charles Industries purchased $185,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials
Charles Industries purchased $185,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 direct materials and $13,000 indirect materials. What is the ending Raw Materials Inventory balance for March?
$44,000
$24,000
$53,000
$66,000
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