The balance in Mesa Companys raw materials inventory account was $45,000 at the beginning of April and
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The balance in Mesa Company’s raw materials inventory account was $45,000 at the beginning of April and $38,000 at the end of April. Raw materials purchased during the month totaled $55,000. Mesa used $20,000 in indirect materials for the month.
Required:
Prepare a schedule of raw materials placed in production for the month of April.
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