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Problem:

Watson Company has the following data: work in process beginning 18,000; work in process ending 25,000: direct labor costs incurred 5,000; Cost of goods manufactured 9,000; and factory overhead 7,000.

Required:

Question: Calculate the amount of Direct Materials Used.

Note: Please provide reasons to support your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91165709

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