MC Qu. 92 Alliance Companys budgets production of... Alliance Companys budgets production of...
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Accounting
MC Qu. 92 Alliance Companys budgets production of...
Alliance Companys budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound. Each months ending raw materials inventory should equal 40% of the following months budgeted materials. The January 1 inventory for this material is 38,400 pounds. What is the budgeted materials cost for January?
Multiple Choice
$240,000.
$352,000.
$256,000.
$144,000.
$208,000.
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