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    3. 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
    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

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    0  Views: 1101 Answers: 1 Posted: 12 years ago
    Tags: accounting
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      Sounds like an accounting homework problem.  Good luck with that!  We can't help you.

      12 years ago. Rating: 0
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