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Bonkowski Corporation makes one product and has provided the following information to help prepare the...

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Accounting

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Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Credit sales are collected: 30% in the month of the sale 70% in the following month Row materials purchases are paid: 30% in the month of purchase 70% in the following month The ending finished goods imventory should equal 30 s of the following month's soles. The ending raw materials irwentory should equal 10x of the following month's row materials production needs. Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Credit sales are collected: 30% in the month of the sale 70% in the following month Row materials purchases are paid: 30% in the month of purchase 70% in the following month The ending finished goods imventory should equal 30 s of the following month's soles. The ending raw materials irwentory should equal 10x of the following month's row materials production needs

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