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At the beginning of August, Hogancamp Corporation had $27,600 of raw materials o

ID: 2377745 • Letter: A

Question

At the beginning of August, Hogancamp Corporation had $27,600 of raw materials on hand. During the month, the company purchased an additional $78,400 of raw materials. During August, $78,500 of raw materials were requisitioned from the storeroom for use in production. The credits to the Raw Materials account for the month of August total:

At the beginning of August, Hogancamp Corporation had $27,600 of raw materials on hand. During the month, the company purchased an additional $78,400 of raw materials. During August, $78,500 of raw materials were requisitioned from the storeroom for use in production. The credits to the Raw Materials account for the month of August total:

Explanation / Answer

106,000

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