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Hougham Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Debit Balance 1/1 Debits Balance
Hougham Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Debit Balance 1/1 Debits Balance 12/31 Raw Materials 15,000 Credits 109,000 21,000 Credit ? The cost of raw materials requisitioned for use in production during the year was:
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