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Prepare journal entries to record the following production activities 1. Purchased $80,000 of raw materials on credit. 2. Used $42,000 of direct materials in production.

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Prepare journal entries to record the following production activities 1. Purchased $80,000 of raw materials on credit. 2. Used $42,000 of direct materials in production. 3. Used $22,500 of indirect materials in production

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