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Waterway Industries has beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of

Waterway Industries has beginning and ending raw materials inventories of $126000 and $150000, respectively. If direct materials used were $690000, what was the cost of raw materials purchased?

$720000.

$714000.

$690000.

$666000.

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