Solution-What was the cost of raw materials purchased

What was the cost of raw materials purchased

Reference no: EM131785852

Question - Gammil Company has beginning and ending raw materials inventories of $96,000 and $120,000, respectively. If direct materials used were $390,000, what was the cost of raw materials purchased?

a. $390,000.

b. $420,000.

c. $366,000.

d. $414,000.

Reference no: EM131785852

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What was the cost of raw materials purchased

Reference no: EM131785852

Reference no: EM131785852

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Accounting Basics Questions & Answers

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Coures:- fundamental accounting principles

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Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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