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Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,000 and Raw materials inventory on December 31, 20x8 of $28,200. If purchases of
Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,000 and Raw materials inventory on December 31, 20x8 of $28,200. If purchases of raw materials were $150,000 during the year, what was the amount of raw materials used during the year? Multiple Choice $144,200, $155,800, $150,000, $161,600. @0000 None of the answers is correcL
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