The following are budgeted data: Sales in units Production in units January February March 16,100 22,200 19,100 19,100 20,100 18,600 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 30% of the following month’s production needs. Purchases of raw materials for February would be budgeted to

Sep 8, 2023

 

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The following are budgeted data: Sales in units Production in units January February March 16,100 22,200 19,100 19,100 20,100 18,600 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 30% of the following month’s production needs. Purchases of raw materials for February would be budgeted to
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