Question
Cost of Direct Materials Used in Production for a Manufacturing Company Okaboji Manufacturing Company reported the following materials data for the month ending November 30:
Cost of Direct Materials Used in Production for a Manufacturing Company
Okaboji Manufacturing Company reported the following materials data for the month ending November 30:
| Materials purchased | $169,100 |
| Materials inventory, November 1 | 53,400 |
| Materials inventory, November 30 | 44,500 |
Determine the cost of direct materials used in production by Okaboji during the month ended November 30. $
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Rehabilitation Tax Credit IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304114686, 978-1304114686
