Guzman Manufacturing Company reported the following materials data for the month ending October 31, 2008: Materials purchased
Question:
Materials purchased ..... $175,000
Materials inventory, October 1 .. 45,000
Materials inventory, October 31 ... 30,000
Determine the cost of direct materials used in production by Guzman during the month ended October 31, 2008.
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Materials inventory October 1 2008 45000 Add Mat...View the full answer
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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