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The following information is available for the year ended December 31: Beginning raw materials inventory$ 21,500Raw materials purchases74,000Ending raw materials inventory23,000Direct labor expense2,400 The amount

The following information is available for the year ended December 31: Beginning raw materials inventory$ 21,500Raw materials purchases74,000Ending raw materials inventory23,000Direct labor expense2,400 The amount of direct materials used in production for the year is

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