Genesis Athletic Shoes had an ending inventory of direct materials of $9 million. During the year the

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Genesis Athletic Shoes had an ending inventory of direct materials of

$9 million. During the year the company had acquired $15 million of additional direct materials and had used $12 million. Compute the beginning inventory.

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Management Accounting

ISBN: 9780367506896

5th Canadian Edition

Authors: Charles T Horngren, Gary L Sundem, William O Stratton, Howard D Teall, George Gekas

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