Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,600 and Raw materials...

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Accounting

Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,600 and Raw materials inventory on December 31, 20x8 of $28,800. 

If raw materials used during the year were $156,000 what was the amount of raw materials purchased during the year?


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