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Brittle Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the third quarter of the current year:

Beginning Raw Materials = $94,000
Ending Raw Materials = $78,000
April Purchases = $62,000
May Purchases = $45,000
June Purchases = $58,000

What was the amount of Raw Materials used during this quarter?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9418594

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