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How much is the costs of direct materials purchased

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Reference no: EM133110344

Question - The TOYO Manufacturing Company has the following financial information:

Manufacturing overhead 300,800

Increase in direct materials 130,000

Increase in work in process 90,000

Decrease in finished goods 320,400

Manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing. How much is the costs of direct materials purchased?

Reference no: EM133110344

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