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MX Company uses a Materials Inventory account to record both direct and indirect materials. During the month of April, the company has the following cost
MX Company uses a Materials Inventory account to record both direct and indirect materials. During the month of April, the company has the following cost information: $90,000 Total materials (direct and indirect) purchased Indirect materials issued to production Total materials issued to production Beginning materials inventory 30,000 110,000 50,000 The ending materials inventory cost is: $30,000 O $90,000. $110,000 $50,000 O $80,000
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