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N Company has beginning and ending raw materials inventories of $32,000 and $40,000, respectively. If raw material purchases are $138,000, what is the cost of
N Company has beginning and ending raw materials inventories of $32,000 and $40,000, respectively. If raw material purchases are $138,000, what is the cost of direct materials used?
Select one:
a. $122,000
b. $130,000
c. $140,000
d. $138,000
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