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Rainier Industries has Raw materials inventory on January 1, 20x8 of $33,100 and Raw materials inventory on December 31, 20x8 of $27,300. If purchases of

Rainier Industries has Raw materials inventory on January 1, 20x8 of $33,100 and Raw materials inventory on December 31, 20x8 of $27,300. If purchases of raw materials were $141,000 during the year, what was the amount of raw materials used during the year?

Multiple Choice

  • $135,200.
  • $146,800.
  • $141,000.
  • $152,600.
  • None of the answers is correct.

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