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undefined Using the following information, compute the cost of direct materials used. Raw materials inventory, $ 30,000 January 1 Raw materials inventory, 60,000 December 31
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Using the following information, compute the cost of direct materials used. Raw materials inventory, $ 30,000 January 1 Raw materials inventory, 60,000 December 31 Work in process, January 1 27,000 Work in process, December 31 18,000 Finished goods, January 1 60,000 Finished goods, December 31 48,000 Raw materials purchases 1,300,000 Direct labor 690,000 Factory utilities 225,000 Indirect labor 75,000 Factory depreciation 500,000 Operating expenses 630,000 A. $1,390,000. B. $1,330,000. C. $1,300,000. D. $1,270,000Step by Step Solution
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