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    Bee company purchased and use 520 pounds of direct materials to produce a product with a 500 pound standard direct materials requirement. The standard materials price is $2.10 per pound. The actual materials price was $2.00 per pound. Prepare the journal entries to record (1) the purchase of the materials and (2) the material entering production

    0  Views: 1143 Answers: 1 Posted: 12 years ago
    Tags: accounting

    1 Answer

    Sounds like an accounting homework problem.  Good luck with that!  We can't help you.



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