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Use the following T-accounts to determine the cost of direct materials used and indirect materials used. (Click the icon to view the T-accounts.) Calculate and
Use the following T-accounts to determine the cost of direct materials used and indirect materials used. (Click the icon to view the T-accounts.) Calculate and identify the missing amounts in the following T-accounts. Raw Materials Inventory Balance Purchases 16 230 Balance 24 Work in Process Inventory Balance 32 Direct materials Cost of goods Direct labour 320 manufactured 744 Manufacturing overhead 200 Balance 8 Data table Balance Raw Materials Inventory 16 Work in Process Inventory Balance 32 Purchases 230 X Direct materials Y Cost of goods Balance 24 Direct labour 320 manufactured 744 Manufacturing overhead 200 Balance 8 Print Done
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