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Samson Company has budgeted production for the next two months as follows: ...

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Accounting

Samson Company has budgeted production for the next two months as follows:

July 16,000 units

August 22,000 units

Each unit requires 5 pounds of material. Raw materials at the end of each month should equal 10% of the next months production requirements. How many pounds will be budgeted for purchases of raw materials for July?

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