Ramos Company provides the following budgeted production for the next four months. April May June...
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Accounting
Ramos Company provides the following budgeted production for the next four months. April May June July Units to produce 580 710 680 680 Each finished unit requires 5 pounds of direct materials. The company wants to end each month with direct materials inventory equal to 20% of next months production needs. Beginning direct materials inventory for April was 580 pounds. Direct materials cost $2 per pound. Prepare a direct materials budget for April, May, and June
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