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Refer to the information in Exercises 1 6 - 3 8 and 1 6 - 3 9 . During the year, the company purchased 3

Refer to the information in Exercises

16 - 38

and

16 - 39 .

During the year, the company purchased

320, 000

pounds of material and employed

32, 500

hours of direct labor.

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