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The Hemingway Company uses job costing. In April, material requisitions of $44,000 were issued. Materials purchases totaled $56,600. The ending balance in raw materials inventory
The Hemingway Company uses job costing. In April, material requisitions of $44,000 were issued. Materials purchases totaled $56,600. The ending balance in raw materials inventory was $18,400. The beginning balance was:
$25,600.00 | ||
$5,800.00 | ||
$31,000.00 | ||
None of the above. |
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