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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Purchases of direct materials Beginning work in process inventory Ending work in process inventory Sales revenue Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was the cost of direct materials used?.. $440 $280 $340 $730 $490 $360 $660 $4,700 $820 $300 $250

Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Purchases of direct materials Beginning work in process inventory Ending work in process inventory Sales revenue Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was the cost of direct materials used?.. $440 $280 $340 $730 $490 $360 $660 $4,700 $820 $300 $250

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Purchases of direct materials Beginning work in process inventory Ending work in process inventory Sales revenue Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was the cost of direct materials used?. $440 $280 $340 $730 $490 $360 $660 $4,700 $820 $300 $250
Transcribed Image Text:Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Purchases of direct materials Beginning work in process inventory Ending work in process inventory Sales revenue Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was the cost of direct materials used?. $440 $280 $340 $730 $490 $360 $660 $4,700 $820 $300 $250
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