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Micker Boots produces cowboy boots, its Raw Materials account contains only direct materials. If the beginning balance in Raw Materials Inventory is $5,000, the ending
Micker Boots produces cowboy boots, its Raw Materials account contains only direct materials. If the beginning balance in Raw Materials Inventory is $5,000, the ending balance is $3,500, and $60,000 was purchased, what is the amount of materials transferred to Work in Process Inventory during the period?
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