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SW Industries Has the Following Information Regarding Its Raw Materials

Question 66

Multiple Choice

SW Industries has the following information regarding its Raw Materials Inventory account:
 Direct materials used during the month $257,800 Beginning balance Raw Materials Inventory $55,000 Ending balance Raw Materials Inventory $57,500\begin{array}{ll}\text { Direct materials used during the month } & \$ 257,800 \\\text { Beginning balance Raw Materials Inventory } & \$ 55,000 \\\text { Ending balance Raw Materials Inventory } & \$ 57,500\end{array} What is the cost of materials purchased by SW Industries during the month?


A) $255,300
B) $260,300
C) $370,300
D) $145,300

Correct Answer:

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