Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016: Materials purchased$828,000
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Question:
Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016:
Materials purchased$828,000
Materials inventory, June 1279,000
Materials inventory, June 30252,000
Determine the cost of direct materials used in production in the month ending June 30, 2016.
*format you answer with a dollar sign and a comma ($x,xxx)
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