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Assume that Toy Craft makes ragdolls. Each ragdoll requires 12 square feet of fabric. If...

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Accounting

Assume that Toy Craft makes ragdolls. Each ragdoll requires 12 square feet of fabric. If the number of dolls to be produced during the quarter is 19,100, the desired ending inventory of fabric is 11,500 square feet, the beginning inventory of fabric is 22,900 square feet, and the cost of the fabric is $9 per square foot, what is the total cost of fabric purchases?

Multiple Choice

  • $2,062,800

  • $1,960,200

  • $309,000

  • $217,800

  • $2,165,400

Answer & Explanation Solved by verified expert
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