Answer:
The correct answer is "$63,000".
Explanation:
Given:
Beginning balance of raw materials,
= $37,000
Purchases made,
= $57,000
Ending balance,
= $29,000
Expenses of raw material,
= $2,000
Now,
The direct material cost will be:
= [tex]Beginning \ balance+Purchases \ made-Ending \ balance-Expenses \ of \ raw \ material[/tex]= [tex]37000+57000-29000-2000[/tex]
= [tex]63,000[/tex] ($)