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$8300 is Opening Raw Material.
Closing Raw Material = Opening Raw Material + Purchases - Issued |
Let Opening Raw Material is X |
24300 = X + 60000 -44000 |
X = 24300-16000 |
X = 8300 |
32. Question 32 2 pts Nemec Manufacturing uses job costing. In May, material requisitions were $44,000...
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