INTERMEDIATE ACCOUNTING(EBOOK-W/WILEY+)
17th Edition
ISBN: 9781119614142
Author: Kieso
Publisher: WILEY
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Subject = Financial account
What basis should he use for computing gain or loss
Hamilton Textiles has the following data:
•
Beginning raw materials inventory =
$90,000
Materials purchased = $55,000
Ending raw materials inventory =
$75,000
Calculate the cost of raw materials used.
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