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Question 2 Montreal Industries Inc. had the following activities during the year: Direct materials: Beginning inventory Purchases $50,000 154,000 26,000 40,000 30,000 10,000 2,000 40,000
Question 2 Montreal Industries Inc. had the following activities during the year: Direct materials: Beginning inventory Purchases $50,000 154,000 26,000 40,000 30,000 10,000 2,000 40,000 60,000 Begginning inventory Purchases Ending inventory Direct manufacturing labour Manufacturing overhead Ending work-in-process inventory Beginning work-in-process inventory Ending finished goods inventory Beginning finished goods inventory What is Montreal's cost of direct materials used during the year? Cost of direct material Ending Enventory
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