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Cost of Direct Materials Used in Production for a Manufacturing Company Monterey Manufacturing Company reported the following materials data for the month ending April 30,
Cost of Direct Materials Used in Production for a Manufacturing Company
Monterey Manufacturing Company reported the following materials data for the month ending April 30, 2016:
Materials purchased | $176,300 |
Materials inventory, April 1 | 55,700 |
Materials inventory, April 30 | 46,400 |
Determine the cost of direct materials used in production by Monterey during the month ended April 30, 201
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