Okaboji Manufacturing Company reported the following materials data for the month ending November 30: Materials purchased................................$490,900 Materials

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Okaboji Manufacturing Company reported the following materials data for the month ending November 30:

Materials purchased................................$490,900

Materials inventory, November 1...............64,900

Materials inventory, November 30.............81,300

Determine the cost of direct materials used in production by Okaboji during the month ended November 30.

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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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