Homework Answers
Answer:
the cost of raw materials purchased =5,140,000
Working notes for the above answer is as under
|
Direct material Used |
4,900,000 |
|
Add: Closing Inventory |
1,100,000 |
|
Less: Opening Inventory |
-860,000 |
|
the cost of raw materials purchased |
5,140,000 |
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