Credits to the raw materials account for the month

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Reference no: EM131250601

At the beginning of August, Hogancamp Corporation had $33,000 of raw materials on hand. During the month, the company purchased an additional $80,000 of raw materials. During August, $84,000 of raw materials were requisitioned from the storeroom for use in production. The credits to the Raw Materials account for the month of August total:

Reference no: EM131250601

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