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Accounting
Tutor: None Selected Time limit: 1 Day

Sealy Company has beginning raw materials inventory $12,000, ending raw materials inventory $15,000, and raw materials purchases $170,000. What is the cost of direct materials used?

Oct 23rd, 2015

Thank you for the opportunity to help you with your question!

cost of direct materials used= opening inventory + purchases - ending inventory

= 12000 + 170,000 - 15000

=  $167,000

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Oct 23rd, 2015

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