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Compute the cost of raw materials used for the period

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Reference no: EM132801926

Problem - The accounting records for 2020 of Masagana Manufacturing Company showed the following data:

Increase in raw materials inventory P45,000

Decrease in finished goods inventory 150,000

Raw materials purchased 1,290,000

Direct Labor payroll 600,000

Factory overhead 900,000

Freight-out 135,000

Required - Compute the cost of raw materials used for the period?

Reference no: EM132801926

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