What the materials purchases are calculated

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Question - Assume the following information pertaining to Moonbeam Company:

Beginning Ending

Finished goods inventory $130,000 $124,000

Work in process inventory 85,000 104,000

Direct materials 117,000 130,000

Costs incurred during the period are as follows:

Total manufacturing costs $896,000

Factory overhead 199,000

Direct materials used 156,000

Required - What the materials purchases are calculated?

Reference no: EM132967639

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