had materials inventory at July 1 of $12,000. The materials inventory at July 31 was...
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Accounting
had materials inventory at July 1 of $12,000. The materials inventory at July 31 was $15,000 and the cost of direct materials used in production was $20,000. What was the cost of materials purchased during the month?
$23,000
$17,000
$35,000
$20,000
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