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Masterson Company's budgeted production calls for 66,000 units in April and 62,000 units in May...

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Accounting

Masterson Company's budgeted production calls for 66,000 units in April and 62,000 units in May of a key raw material that costs $1.60 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 19,800 units. What is the budgeted materials purchases for April? Multiple Choice

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