Use the following information to compute the cost of direct materials used for the current year January I December 31 Inventories Raw materials inventory 6,000 2,000 8,500 $7,500 9,000 5,500 Work in process inventory Activity during current year Materials purchased Direct labor $123,500 94,000 39,0...

Raw materials inventory beginning 600 ...

Use the following information to compute the cost of direct materials used for the current year. January

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Use the following information to compute the cost of direct materials used for the current year.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Apr 23, 2015 03:11 AM

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Use the following information to compute the cost of direct materials used for the current year. January

Question:

January I December 31 Inventories Raw materials inventory.6,000 2,000 8,500 $7,500 9,000 5,500 Work in process inventory Activity during current year Materials purchased. . . Direct labor. $123,500 94,000 39,000

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Fundamental Accounting Principles

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