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work in process, and materials were $46,000,$33,000, and $23,000, respectively. Direct materials purchases were $555,000, direct labor was $238,000 for the year, and factory overhead

image text in transcribed work in process, and materials were $46,000,$33,000, and $23,000, respectively. Direct materials purchases were $555,000, direct labor was $238,000 for the year, and factory overhead was $147,000

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