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XYZ Co. used $200,000 of direct materials during June. At June 30, XYZ’s direct materials inventory was $30,000 more than it was at June 1.

What were XYZ ' s direct materials purchases during June?

  A. $30,000

B. $170,000

C. $200,000

D. $230,000

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Question added by Deleted user
Date Posted: 2015/02/19
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option D >>>>>>>>>>>>>>>>   $230,000

Inventory Purchased = CL-Op+Used

X=30000 More than Op + Utilized Material (200,000) =230,000

 

D. $230,000

Umer Sharif
by Umer Sharif , Consultant Lead Financial, Functional, Implementation of Infor ERP Syteline ‚ Eccountant & SmartHCM. , Bin Rasheed Technology Pvt Ltd.

230000..............................ok

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