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The following data (in thousands of dollars) have been taken from the accounting records of Rayburn Corporation for the current year. Enter all amounts in
The following data (in thousands of dollars) have been taken from the accounting records of Rayburn Corporation for the current year. Enter all amounts in thousands of dollars. a. What was the cost of the direct materials used in production during the year? thousand b. What was the cost of goods manufactured for the year? thousand c. What was the cost of goods sold for the year? thousand d. What was the net income for the year? thousand
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