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Suppose you are given the following information for the month of June for an Ice cream company:
Raw Materials inventory balance, June 1st = $6,780
Raw Materials inventory balance, June 30th = $5,920
Direct Materials used = $21,450
Direct labor used = $30,190
Factory overhead (includes indirect materials) = $27,885
Problem 1: Calculate the amount of direct materials purchased during the month of June.
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