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Business, 05.07.2021 19:20 catchonyet

A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used. Goods in process inventory:
Beginning balance $100,800
D. M.
D. L.
O. H. F. G.
Ending balance $131,040

Factory overhead:
93,240 90,720

Finished goods inventory:
Beginning balance $118,200
324,800 301,000
Ending balance $142,000

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