Materials purchases for the month were $4,000. The Materials Inventory account had a beginning balance of $250.

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Materials purchases for the month were $4,000. The Materials Inventory account had a beginning balance of $250. Direct Materials used were $3,800, and Indirect Materials used were $300.

What is the correct ending balance for the Materials Inventory account?

Posted Date: Jun 16, 2024 02:33 PM

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Materials purchases for the month were $4,000. The Materials Inventory account had a beginning balance of $250.

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