Question: Mars Supplies Company provided the following information for the year:Beginning Balance-Work - in - Process Inventory$26,000Ending Balance-Work - in - Process Inventory58,000Beginning Balance- Direct Materials

Mars Supplies Company provided the following information for the year:Beginning Balance-Work - in - Process Inventory$26,000Ending Balance-Work - in - Process Inventory58,000Beginning Balance- Direct Materials Inventory84,000Ending Balance- Direct Materials Inventory62,000Purchases -Direct Materials358,000Direct Labor471,000Indirect Labor21 000

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