Solved: Determine the cost of supplies, Cost Accounting

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Determine the cost of supplies

Response to the following problem:

Contrail Hospital provides you with the following information:

Inventory. December 32. 2oX1 $57,000

Inventory. December 31. 20X2 6o,000

Cost of supplies purchased during 20X2 437,000

Required: What was the cost of supplies used during 20X2?

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Cost Accounting: Determine the cost of supplies

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Cost Accounting: Determine the cost of supplies

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