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Business, 12.04.2021 21:50 thomask34

Nazaro's Boot Company makes specialty boots for the rodeo circuit. At the beginning of the year, the company had (a) 300 pairs of boots in finished goods inventory and (b) 1,200 heels at a cost of $8 each in raw materials inventory. During the year, the company purchased 35,000 additional heels at $8 each and manufactured 16,600 pairs of boots. Required: 1. Determine the unit and dollar amounts of raw materials inventory in heels at year-end.

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