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The accounting records for 2017 of DB Co. showed the following: Decrease in raw materials inventory P 45,000 Decrease in finished goods inventory Raw materials purchased Direct labor payroll Factory overhead Freight-out 150,000 1,290,000 600,000 900,000 135,000 The cost of raw materials used for the period amounted to:

The accounting records for 2017 of DB Co. showed the following: Decrease in raw materials inventory P 45,000 Decrease in finished goods inventory Raw materials purchased Direct labor payroll Factory overhead Freight-out 150,000 1,290,000 600,000 900,000 135,000 The cost of raw materials used for the period amounted to:

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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₱1,335,000
 
 
 
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The accounting records for 2017 of DB Co. showed the following: Decrease in raw materials inventory P 45,000 Decrease in finished goods inventory Raw materials purchased Direct labor payroll Factory overhead Freight-out 150,000 1,290,000 600,000 900,000 135,000 The cost of raw materials used for the period amounted to:
Transcribed Image Text:The accounting records for 2017 of DB Co. showed the following: Decrease in raw materials inventory P 45,000 Decrease in finished goods inventory Raw materials purchased Direct labor payroll Factory overhead Freight-out 150,000 1,290,000 600,000 900,000 135,000 The cost of raw materials used for the period amounted to:
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