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The following information were taken from the accounting records of Yanni Music Company for 20x9: Increase in raw materials inventory Decrease in finished goods inventory
The following information were taken from the accounting records of Yanni Music Company for 20x9:
Increase in raw materials inventory Decrease in finished goods inventory Raw materials purchases Direct labor payroll Factory overhead Freight out P 45,000 150,000 1,290,000 600,000 900,000 135,000 The cost of raw materials used during the period amounted to:
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
