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Given the following, calculate cost of materials put into production. Inventories: Beginning Ending Direct materials $300 $250 Work in process $400 $200 Finished goods $500
Given the following, calculate cost of materials put into production.
Inventories: | Beginning | Ending |
---|---|---|
Direct materials | $300 | $250 |
Work in process | $400 | $200 |
Finished goods | $500 | $350 |
Direct material purchases $4,200
Direct labor $3.000
Manufacturing overhead $5,000
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