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Author Question: If the beginning balance in the Raw Materials Inventory account for the month was $25,000, the ... (Read 61 times)

Sadjam2

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on: Feb 5, 2023

Question 1

Which of the following is not included in the schedule of cost of goods manufactured?
◦ Direct materials used in production
◦ Direct materials in inventory
◦ Overhead
◦ Direct labor

Question 2

If the beginning balance in the Raw Materials Inventory account for the month was $25,000, the ending balance of $22,000 and material used during the month was $130,000, what is the amount of materials purchased during the month?
◦ $177,000
◦ $127,000
◦ $133,000
◦ $130,000
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Sadjam2 on Feb 5, 2023

ad2018

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Sadjam2

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

blakcmamba

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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