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Question - JD Enterprises applies factory overhead based on direct labor costs. The company incurred the following costs during 2003: direct materials costs, $650000; direct labor costs, $3,000,000; and factory overhead costs applied, $1,800,000. Assuming that the company's $71000 ending goods in process inventory account for 2003 had $20000 of direct labor costs, determine the inventories direct material costs.

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