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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 $240,500
Materials inventory, November 1 76,000
Materials inventory, November 30 63,300

Determine the cost of direct materials used in production by Okaboji during the month ended November 30. $

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