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Wayne Company is manufacturer of T-shirts. Wayne began the year with Raw Materials Inventory costing $60,000. During the year, additional raw materials costing $300,000 were
Wayne Company is manufacturer of T-shirts. Wayne began the year with Raw Materials Inventory costing $60,000. During the year, additional raw materials costing $300,000 were purchased. At the end of the year, Raw Materials Inventory costing $45,000 still remained. What was the amount of raw materials that Wayne used in production?
| $300,000 |
| $255,000 |
| $315,000 |
| $285,000 |
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