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Calculate direct materials used during the year

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Reference no: EM132879266

Porblem 1: Selected operating data from Beta Company from last year is shown below. Based on this information calculate (a) direct materials used during the year and (b) total manufacturing costs.

Direct materials (beginning balance)  $20,000
Direct materials (ending balance)      24,000
Direct labor used                           30,000
Allocated overhead                      50,000
Purchases                                  30,000

Reference no: EM132879266

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