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During the Month of March, Cara, Inc

Question 1

Multiple Choice

During the month of March, Cara, Inc. had total manufacturing costs of $130,000 and incurred $40,000 in direct labour costs and $30,000 in manufacturing overhead costs. The materials inventory on March 1 was $3,000 less than the materials inventory on March 31. What was the cost of materials purchased during the month?


A) $37,000
B) $40,000
C) $63,000
D) $70,000

Correct Answer:

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