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(b) On 24 December after the close of business, a devastating fire at Solaris Pharmaceutical destroyed the firm's raw materials and finished goods inventories. The

image text in transcribed (b) On 24 December after the close of business, a devastating fire at Solaris Pharmaceutical destroyed the firm's raw materials and finished goods inventories. The following information is available: The firm's accountant determines that the cost of direct materials used normally averages 25% of prime costs

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