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Use the following information for Questions 4 & 5: Beginning inventories March 1 Direct materials $ 20,000 Work in process $ 40,000 Finished goods $

Use the following information for Questions 4 & 5: Beginning inventories March 1

Direct materials

$ 20,000

Work in process

$ 40,000

Finished goods

$ 102,000

Purchases of DM during March

$ 110,000

Direct labour cost

$ 160,000

Manufacturing OH

$ 80,000

Ending inventories March 31

Direct materials

$ 26,000

Work in process

$ 36,000

Finished goods

$ 105,000

The amount of direct materials used during March was: a. 130,000

b. 110,000

c. 156,000

d. 104,000

e. None of the above

The cost of goods manufactured for the month was:

a. 348,000

b. 346,000

c. 345,000

d. 384,000

e. None of the above

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