Magnolia, Inc., manufactures bedding sets. The budgeted production is for 14,900 comforters this year. Each...
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Magnolia, Inc., manufactures bedding sets. The budgeted production is for 14,900 comforters this year. Each comforter requires 7 yards of material. The estimated Jaruary 1 beginning inventory 154,350 yards with the desired ending balance of 4,400 yards of material. If the material costs $4.80 per yard, determine the materials boicest for the year
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