Bunnell Corporation is a manufacturer that uses job$-$order costing. On January $1,$ the company's inventory balances were as follows:

$\backslash$table$[[$Raw materials,$$61,500$

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Bunnell Corporation is a manufacturer that uses job$-$order costing. On January $1,$ the company's inventory balances were as follows:

$\backslash$table$[[$Raw materials,$$61,500$