ABC Company's budgeted production calls for: . 6.600 units to be manufactured in October 2020,...
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Accounting
ABC Company's budgeted production calls for: . 6.600 units to be manufactured in October 2020, and 9.600 units to be manufactured in November 2020. Other information is as follows: Each unit requires 7 pounds (lbs.) of raw materials (RM). Each month's ending inventory of raw materials (RM) should equal 25% of the following month's budgeted materials requirements. The October 1 inventory for raw materials (RM) is 11,550 pounds. What is the budget for raw materials (RM) purchases (in pounds) for October? Multiple Choice 46,200 lbs 39,450 lbs. O 63.000 183
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