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The following information relates to the manufacturing operations of the JNR Printing Company for the year: Raw materials inventory Finished goods Beginning Ending $55,000 $58,000

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The following information relates to the manufacturing operations of the JNR Printing Company for the year: Raw materials inventory Finished goods Beginning Ending $55,000 $58,000 66,000 58,000 The raw materials used in manufacturing during the year totaled $116,000. Raw materials purchased during the year amount to: Multiple Choice $119,000 $124.000. $113,000

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