Question: URGENT!! Using the following information: beginning materials inventory = $50,000; raw materials purchased on account = $20,000; material issued out to the shop floor =

URGENT!!

Using the following information: beginning materials inventory = $50,000; raw materials purchased on account = $20,000; material issued out to the shop floor = $45,000, what is the ending balance of materials inventory? select one of these.

$45,000

$95,000

$65,000

$25,000

(Please no incorrect answers.)

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