Question Help Compute the cost of Goods Manufactured and Cost of Goods Sold for Quality Acquatic...

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Data Table Beginning End of End of of Year Year Year Raw materials inventory ........$ 29,000 $ 31,000 Insurance on plant...

business accounting

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Answer 1

Answer #1

Calculate of direct material used

Beginning Raw material	29000
Add: Purchase of direct material	70000
Cost of material available	99000
Less: Ending raw material	-31000
Direct material used	68000

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Answer 2

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