1.) Cost of Direct Materials Used in Production for a Manufacturing Company Rextacular Manufacturing Company...
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Accounting
1.) Cost of Direct Materials Used in Production for a Manufacturing Company
Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016:
Materials purchased $828,000
Materials inventory, June 1 279,000
Materials inventory, June 30 252,000
Determine the cost of direct materials used in production by Rextacular during the month ended June 30, 2016.
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