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Ressano Manufacturing had the following transactions during March.There were no beginning inventory balances.
a. Purchased $96,000 of direct materials, on account.
b. Incurred direct labor costs, $83,000.
c. Applied $88,000 of overhead to production.
d. Completed units costing $252,000.
e. Sold units costing $250,000.
Using backflush costing, show the flow of costs using the T accounts below. Label each entry with the appropriate letter.
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