The following information were taken from the accounting records of Yanni Music Company for 2001: Increase in raw materials inventory 45,000 Decrease in finished goods inventory 150,000 Raw materials purchases 1,290,000 Direct labor payroll 600,000 Factory overhead 900,000 Freight Out 135,000 The cost of raw materials used during the period amounted to?

The following information were taken from the accounting records of Yanni Music Company for 2001: Increase in raw materials inventory 45,000 Decrease in finished goods inventory 150,000 Raw materials purchases 1,290,000 Direct labor payroll 600,000 Factory overhead 900,000 Freight Out 135,000 The cost of raw materials used during the period amounted to?

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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