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The following entry would be used to record the transfer of $40,000 of direct material and $10,000 of indirect material from the storeroom to production:

The following entry would be used to record the transfer of

$40,000

of direct material and

$10,000

of indirect material from the storeroom to production:\ \\\\table[[,Debit,Credit],[Direct Materials,40,000,],[Indirect Materials,10,000,],[Raw Materials,,50,000]]\ True or False

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True or False

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