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andrew11 [14]
2 years ago
13

Magnus Industries has the following data:

Business
1 answer:
Nina [5.8K]2 years ago
6 0

Answer:

$55,000

Explanation:

Beginning raw material                      $75,000

Add: Purchases                                   $40,000

Less: Ending raw material inventory  <u>$(60,000)</u>

Raw material used                               <u>$55,000</u>

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