The Master Company uses only one account for raw materials. During the year, Master Company purchased 1,000,000

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The Master Company uses only one account for raw materials. During the year, Master Company purchased 1,000,000 worth of raw materials on account and paid 50,000 for freight. 75% of these were issued to production of which 10% is indirect materials.

Compute for the cost of direct materials charged to the job.

Posted Date: May 14, 2024 09:21 AM

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The Master Company uses only one account for raw materials. During the year, Master Company purchased 1,000,000

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