From the following balances, calculate the cost of raw material used: Raw materials inventory, January 1 ..........

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From the following balances, calculate the cost of raw material used:
Raw materials inventory, January 1 .......... $ 66,000
Raw materials inventory, December 31 ....... 94,000
Purchases of raw materials ............ 880,000

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Question Posted: Apr 24, 2014 10:53 AM

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From the following balances, calculate the cost of raw material used: Raw materials inventory, January 1 ..........

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College Accounting A Practical Approach

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