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H3Ko H3Ko
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8 years ago
Barricades Corporation provided the following information for the year:

Beginning BalanceWork-in-Process Inventory   $27,000
Ending BalanceWork-in-Process Inventory   56,000
Beginning BalanceRaw Materials Inventory   83,000
Ending BalanceRaw Materials Inventory   60,000
PurchasesRaw Materials   360,000
Direct Labor   471,000
Indirect Labor   18,000
Depreciation on Factory Plant and Equipment   25,000
Plant Utilities and Insurance   271,000

What was the amount of direct materials used in production during the year?
A) $383,000
B) $831,000
C) $360,000
D) $66,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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8 years ago
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H3Ko Author
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#2
8 years ago
I just realized you had posted this! Thanks so much
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#3
6 years ago
thanks
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