Question: Consider the following information about March raw material inventory: Inventory turnover = 5.0, average inventory = $20,000, and beginning inventory of raw materials = $15.000.

Consider the following information about March raw material inventory: Inventory turnover = 5.0, average inventory = $20,000, and beginning inventory of raw materials = $15.000. Compute purchases for March.

Group of answer choices

$80,000

$90,000

$100,000

$110,000

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