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The following information were taken from the accounting records of Yanni Music Company for 2001:                         Increase in raw materials inventory                       45,000                         Decrease in finished goods inventory                 150,000                         Raw materials purchases                                  1,290,000                         Direct labor payroll                                               600,000                         Factory overhead                                                 900,000                         Freight Out                                                           135,000 The cost of raw materials used during the period amounted to?

The following information were taken from the accounting records of Yanni Music Company for 2001:                         Increase in raw materials inventory                       45,000                         Decrease in finished goods inventory                 150,000                         Raw materials purchases                                  1,290,000                         Direct labor payroll                                               600,000                         Factory overhead                                                 900,000                         Freight Out                                                           135,000 The cost of raw materials used during the period amounted to?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 12EA: What are the total costs to account for if a companys beginning inventory had $231,432 in materials,...
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The following information were taken from the accounting records of Yanni Music Company for 2001:

                        Increase in raw materials inventory                       45,000

                        Decrease in finished goods inventory                 150,000

                        Raw materials purchases                                  1,290,000

                        Direct labor payroll                                               600,000

                        Factory overhead                                                 900,000

                        Freight Out                                                           135,000

The cost of raw materials used during the period amounted to?

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