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Short Answer: All work should be performed in EXCEL. These questions are similar to the homework. Please show all work, you earn credit by illustrating
Short Answer: All work should be performed in EXCEL. These questions are similar to the homework. Please show all work, you earn credit by illustrating how you got the answer and for the answer itself. Even if your ultimate answer is incorrect, by showing your work, Landley, Inc.'s materials cost for the month ended March 31, 2006, are as follows: Materials inventory, March 1, 2006 $43,000 Materials inventory, March 31, 2006 41,000 During March, the company purchased $140,000 of raw materials on account from Earle Company and $52,000 of raw materials for cash from Shrink Company. In addition, $100,000 was paid on the Earle account balance. Instructions Compute the cost of direct materials used during March
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